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03 February, 2015

Dollar index testing major 50 fib at 95.80





The Dollar index has so far found some decent selling with the market off over 100 pips since testing the major 50 fib at 95.85. With the USD heavily overbought across the board could this be the time to short the dollar for an overdue correction. If the dollar however takes out the 50 fib it will be all bets off with nothing but blue sky’s till 101.750.

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