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USD Index – Going Down, But For How Long?

$74.75-ish  looks to be our level of demand. Supply, which it’s coming off of now has been eaten away roughly by 35-45 percent. We may be approaching a bottom in the USD, or at least it appears that way as of now. As you know, things change all the time. If the dollar continues it’s forceful decline into demand there’s a very good chance it will be met with an equally or more forceful rise out of demand.

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