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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 24, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD closed lower on Thursday and the low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain neutral signalling that sideway prices are possible near-term. Closes below the 20-day moving average crossing are needed to confirm that a short-term top has been...

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