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Though the short term trend of dollar is towards upwards, index is facing major hurdles near 81 and 83 levels.
Also our 13,34,55 Weekly EMA strategy reminds the same. Also bearish 13/34 Weekly EMA indicates
the long term bearishness is Dollar index. Possibly a crash in dollar index could occur if 81 holds which could
invites fresh FII money to pour into Asian countries once again. Just keep an Eye on dollar index to very close
Track the US Dollar Index Future – Spot Price here
Related Readings
High Probability breakdown in USD Index – 10 June 2008
