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Written by Jim Welsh
Macro Tides Technical Review 27 March 2017
In the November 28 WTR I wrote:
“I think the Dollar is nearing a high in anticipation of a Fed rate increase on December 14. After a straight up move since the election, the Dollar index is giving the first signs that the run is nearing an end. Although the Dollar may push modestly higher going into the Fed meeting or year end, the next bigger move is likely to be down.”