Foreign Exchange Market Commentary

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03-02-2010, 05:11 AM

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Foreign Exchange Market Commentary

EUR/USD closed lower on Monday but remains above the 62% retracement level of the 2008-2009-rally crossing. The mid-range close sets the stage for a steady opening on Tuesday. Stochastics and the RSI are diverging and are turning bullish hinting that a low might be in or is near. Closes above...

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