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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 12, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    EUR/USD closed lower on Thursday as it extended this week's decline. The mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI are diverging but remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends this summer's decline, the...

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