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TFC Commodity Trading Forum

U.S. Dollar breaking out higher today *PIC*

Now through 80.50 (cash basis) and holding above the 200day ema (80.34).

The move appears more dramatic in the UUP chart with today's gap up over the 50day ema at $22. Assuming this breakout holds, the obvious next target is the big (currently unfilled) gap in the 22.10-22.25 area, coinciding with the 200day ema: