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Dollar Backs Off From Key Resistance Despite Positive Economic Data

Discussion in 'Technical Analysis' started by Kaitlin, May 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    A series of better-than-expected US economic data was released on Tuesday to augment the very encouraging US retail sales numbers from this past Friday. Tuesday's positive data for the month of April included: the Consumer Price Index (CPI) (0.4% rise vs 0.3% expected, an improvement over March's 0.1% rise), Industrial[​IMG]

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