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DE Gaining In Early Trading

|Includes: Deere & Company (DE)

Deere & Co (NYSE:DE) has caught a bid higher this morning trading up 0.40 cents to 62.17. The stock will have intra-day resistance at the 62.45 - 62.50 level. Keep an eye on the U.S. Dollar chart as DE will trade much like a commodity stock. As we all know when the dollar declines most commodities will catch a bid and vice versa.