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Author Topic: Foreign Exchange Market Commentary  (Read 3918 times)
pranjali
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« on: February 10, 2010, 11:06:36 pm »

Foreign Exchange Market Commentary
         


EUR/USD closed lower on Wednesday ending a two-day short covering bounce off last Friday's low. The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI are oversold and are turning bullish hinting that a low might be in or is near. Closes above the...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/foreign-exchange-market-commentary-20100210106501/
         
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