New lower target for $DX_F set at 80.40.. [Chart]

My initial target for the dollar from the 89 area should be hit sometime this week around $82.   There has been much of a trade in there for the past could of week.  My expectations are we should break the 82 target and them trade down to 80 and chop in that area for a while as we wait for the Euro to regain some of its strength.

 

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