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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 21, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD closed lower on Monday as it extends the decline off March's high. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term. If it extends today's decline, the reaction low...

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