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Old 07-30-08, 08:17 AM
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Lightbulb Foreign Exchange Market Commentary
EUR/USD closed sharply lower on Tuesday as it extended last week's decline below the 20-day moving average. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are oversold but remain bearish hinting that sideways to lower prices are possible near-term. If...

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