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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by Kaitlin, Dec 23, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    THE EURO closed higher due to short covering on Tuesday. Stochastics and the RSI have turned neutral to bullish signalling that sideways to higher prices are possible nearterm. The midrange close sets the stage for a steady opening when Wednesday's night session begins trading. Closes below the 20day moving average[​IMG]

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