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Foreign Exchange Market Commentary PDF Print E-mail
EUR/USD closed higher due to profit taking on Thursday as it extends last week's decline. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing are needed to confirm that a short-term top has been posted. If it...

Posted originally: Sat, 19 Jul 2008 04:41:03 +0100

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