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The USD downtrend has resumed with horizontal resistance getting...

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    The USD downtrend has resumed with horizontal resistance getting respect from traders - see grey line.

    MACD users will like the Touch n Run signals for trend continuation - see orange for upside and purple for down.

    USD traders are now eyeing 89.4 after the Cohn news.

    NB: that MACD touch n run signal works elsewhere as well. It's on the Russell Small Cap Index ($RUT) on StockCharts. There's another bullish one on the ASX XGD gold index. And many more.

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