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| I think the dollar chart alines nicely with the 50 day moving avg over the last year. We rode it up last March where we it made a strong break through and has been resistance point till DEC where we broke above. With dollar falling the last few days we will be approaching the 50 day. If it doesn't find support here I think we could back testing 74 before long and 08 low's by summer. IF we do see support on the 50 day it looks to me like it could take us back up to 80. Got any opinion Ehoff?
Edited by MRK 1/13/2010 09:57
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Dollar carry trade.
