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CPI Will Set Tone for US Dollar Trades

So, let's go to the charts and take a look at the first one. You'll remember, the market came back to the 18-day average of closes, and this is a weekly chart of closes and the market has since bounced away. It is down nearly 1% on the week, already, on a close-only basis.

So something to pay attention to when you look at the bar chart here, you get to see why it's down for the first couple of days right now. The market is getting a bounce and has a pattern that is friendly with higher lows and higher highs on the swing line.

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