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Dollar Rally Is Viewed as Corrective

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03-05-08, 10:27 AM

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Dollar Rally Is Viewed as Corrective

The dollar rally is viewed as corrective within the larger decline. Look for an to the USD rally near USDJPY 104.75, EURUSD 1.5075, and GBPUSD 1.9665. There is no change to the EURUSD outlook from yesterday. “Wave 5 within the 5 wave rally from 1.4438 may be underway now. Wave...

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