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USD DOLLAR

Usd dollar chart had rallied nicely and then run into some preety tough resistance at 200 period ma

 

a quick pullback to the comforting at 20/50 ma (Value zone and now ready to take another short at the 200 period ma above

the level 76----77.40 is going to be frustating zone which might dissapoint a quite few traderss

 

the level 75---75.50 is now real a good support as long as $77 is held

the tgt of 81.75/82 is there for taking ...But once again much will be depend on how resilent we r at 78.50

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Uploaded on January 17, 2010
Taken on January 17, 2010