The Dollar Index (DX) is approaching intermediate resistance of 82.30 slipped to 81.60 ranges. Unable to sustain above 82.00 ranges, it may slip to 81.00 and next 80.40 ranges.
As the Dollar Index reached intermediate resistance of 82.30 ranges, the Dow Industrials (DJIA) gained to close at one year high to currently trade at 14077; an all time high of 14100-14300 made during October 2007 may act as immediate barrier. Trading consistently above 14300 results in new rally.
Historic correlation DX Vs DJIA suggests the long-term trend is still dollar bearish until the Dollar Index doesn't close above 84.50 on a monthly basis.
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