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A firmer dollar has seen the DXY extend to...>

DOLLAR
DOLLAR: A firmer dollar has seen the DXY extend to its best levels of the day at
96.40. Bulls need to clear the 50 & 55-dma's at 96.60/61 to accelerate the
uptrend, before challenging the 97 level (96.95 - Jan 2 high). Gold further
extends losses following the move back under broken channel top
resistance-turned-support to $1276.91. The 38.2% retracement of $1233.02-1298.60
provides the next layer of support at $1273.55. While EURUSD extends the
downtrend to $1.1359 and seen approaching up trendline support off the Nov lows
at $1.1340.  

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