Forex | Forex Strategies | USD Index (04/09/2009 07:38:22)

USD Index

The USD index continues to bump along the bottom, desperately trying to find a foothold and some support at the current price level, as it attempts to build a position from which to rally higher and recover from the downwards decline of the last few months. The signs however are not good, with yesterday's price action negating most of the gains of Wednesday, and once again closing the trading session below the 9 and 14 day moving averages, and just above the 40 day average. Technically the USD


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