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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 16, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD closed slightly lower on Friday but remains above the 10-day moving average crossing. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are turning bullish hinting that a short-term low might be in or is near. Closes above Thursday's high crossing are...

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