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Tuesday, June 4, 2013

Index dollar threatens the support at 83.00

FXstreet.com (Barcelona) - the greenback, measured by the dollar index, operates with heavy losses toward the end of the session of business at Wall St., punished by poor data on the American economy.

"The upward trend in the index remains still in good shape, although 83.50 support needed to endure. The moderate risk of rise according to data next week suggests that the recent breakthrough to higher levels in us rates.UU has even strength, at least until the coming week,"said analyst at Westpac Sean Callow.

At the time of writing, the index falling 0.76% 83.07 and according to tradingcentral.com the following support is 82.95 and 82.80; While resistances are aligned at 83.70 83.95 and 84.10.

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