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Finotec News Archive - April 14 2008

Technical Indicators

EUR/USD - Technical Indicators

Anthony Boyajian
14 April 2008

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Crossing of two moving averages and closing price of the candle is above the short term moving averages.

RSI (Relative Strength Index) in a downtrend.

MACD crosses the signal line and pointing downwards.

Bollinger gives us a bearish signal after closing the candle below the lower band.

EUR/USD (Daily Chart)

Finotec Analysis Team
14 April 2008

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