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Daily Forex Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 31, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    EUR/USD The hourlies are showing mixed signals with its RSI fluctuating at the neutral territory. However, the daily chart's RSI is already floating in the overbought territory indicating that a bearish correction might take place in the nearest future. When the downwards breach occurs, going short with tight stops appears...

    complete article here...

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