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Daily Forex Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 6, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD The float within the widening bearish channel on the daily chart continues, as no significant breach has been made. The negative slope on the daily Slow Stochastic indicates the continuation of the bearish movement within the channel. Going short with tight stops appears to be the preferable strategy.

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