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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 30, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    EUR/USD closed higher on Monday due to short covering as it consolidates some of the decline off this month's high. The mid-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible...

    complete article here...

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