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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 7, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    EUR/USD closed lower on Wednesday extending the decline off July's high. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are oversold but remain neutral to bearish hinting that sideways to lower prices are possible near-term. If it extends this week's...

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