USD

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The USD index has closed below the cloud with the lagging line also.Breaking of previous Pivots are Bearish (of course). The only Negative thing about I-Cloud charts, that I see is it reacts like the Parabolic stop and reverse in Flat/consolidation moves.The Momentum indicators are Negative so further losses should be expected.

One thing that I learned from trading Forex is to beware (and pay attention) to when the Central Bankers of the G-8 get together for Meetings, especially emergency meetings.