Monday, September 12, 2011

($EURUSD, $UUP, $EUO) I can make the case for resistance all the way up in the dollar index, starting in the 77-ish area, and quite seriously so around 79 to 80. I can easily see a rally toward 78, and then a pullback to 76-ish, before the next move higher. But, for now, the bottom line is that buck finally broke out. The base measures to the 79 area.-H.Meisler

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