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| | |-+  EUR/USD Stalking Correction Rally; Risk Assessment
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Author Topic: EUR/USD Stalking Correction Rally; Risk Assessment  (Read 3562 times)
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« on: January 25, 2010, 09:14:57 am »

EUR/USD Stalking Correction Rally; Risk Assessment

The 4H time-frame shows stochastic turning from overbought levels and the parabolic SAR (0.02, 0.2) is about to give a bearish signal. Price action is topping, but there still can be another swing towards 1.4250. Currently however, the momentum is slowing suggesting the market may be ready to continue declining.

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