Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by Kaitlin, Dec 21, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    THE EURO closed higher due to short covering on Friday as it consolidates some of this week's decline. Stochastics and the RSI have turned neutral to bearish signalling that sideways to lower prices are possible nearterm. The highrange close sets the stage for a steady to higher opening when Monday's[​IMG]

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