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US Dollar is trading around the upper trend-line and is nearing the apex of the triangle. There is a bigger down-side potential, since the pair has reached November's resistance. Moreover, the hourly technical indicators are pointing to the south, thus it is suggesting a decline. The SWFX traders' are also more bearish, as 67% of them have opened a short positions on the pair. If this is the case, then we are likely to see the pair reaching monthly PP at 2.2362, which was reached on 5th of December.
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