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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 17, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    EUR/USD closed lower on Thursday as it consolidates last week's rally. The mid-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term. Closes below last week's low crossing would confirm that a...

    complete article here...

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