Dollar Index will continue its upward jouney??

As on 06th Dec, 2012 Dollar Index closed at 80.23 levels.

As you can see in below attached daily chart; Index is going to face resistance of its 200 Day EMA (Exponential Moving Average) at ~80.58 also at same place recent swing high will play its role, but if prices breach this level successfully than prices can go much higher. We sense that Dollar Index will manage to cross this resistance; supported by the fact that on daily chart Index has managed to break its minor falling trend line, and on weekly chart (also attached below) Index is trading above its 200 Weekly EMA, and as you can see after making a dip till 79.56 prices picked and about to give close higher.

Dollar Index - 80.23 As on 07 Dec, 2012

Dollar Index – 80.23 As on 07 Dec, 2012

Dollar Index Weekly Chart As on 06 Dec, 2012

Dollar Index Weekly Chart As on 06 Dec, 2012

I would like to go long on Index with stop loss of 79.56 with an initial target of 81.30

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