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The S&P 500 is inching lower to challenge the boundaries of the near-term up trend while the US Dollar has breached initial resistance and aims higher still.
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Detailed pattern analysis suggests a bullish resolution to recent AUDUSD weakness.
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Yen weakness has accelerated and speculators have cut long Yen positions in half but remain net long. In other words, the Yen is vulnerable to additional selling.
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