Joe Friday….U.S. Dollar is working on breaking above an 11-year resistance line…Risk asset pressure to come?

Posted by Chris Kimble on 11/16/2012 at 7:52 am; This entry is filed under Dollar Update.

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Joe Friday says....US Dollar is making another run attempt to break above an 11-year resistance line, while the Euro remains inside of a multi-year falling channel.

A further upside move by the U.S. Dollar could be painful to risk asset values!

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