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Support cluster on DJ-FXCM US Dollar Index

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The Dow Jones-FXCM US Dollar Index has been consolidating for the past 24 hours ahead of the FOMC minutes later today, and recent price action suggests a triangle formation that may be used for trading major currency pairs. There's a decent support at 11,965 points that currently supports a bullish biais on the greenback. This means that the euro bounce initiated last night may come to an end if the dollar breaks its triangle resistance.

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