FXstreet.com (Barcelona) - The Dollar has been rallying since late November, and recovery from 84.75 area has extended to 93.00 so far, where according to the Rabobank Financial Markets Research Team, the pair might peak and retreat to 88.00 before resuming uptrend towards 102.00 in 12 months time.

Recfent Dollar rally is likely to cap around 93.00 on early January, according to the Rabobank Financial Markets Research Team to decline through the month, and reach levels around 90.00 on early February, and bottom at 88.00 in March.

From March low, the pair is expected to pick up and reach 92.00 area in six months time, says the Rabobank Financial Markets Research Team and continue to 97.00 in 9 month, to reach levels around 102.00 by year end.

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