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The US Dollar, Part 2

BY RAY BARROS | JANUARY 22, 2010 | 1:04 PM | 0 COMMENTS

Today, I am looking at the DX (US$ Index) from the technical perspective. Figure 1 is a Monthly chart (Nearest Futures Month) of the DX (US$ Index). My preferred view is the DX is in process of completing either: A 4-wave continuation triangle or A 5-wave change in trend triangle. If (1) is correct then Figure 2 shows there are three ideal zone terminations:

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