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Forex Commentary
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The profit taken on the forex market will continue today
by Forex Strategy Team
Updated 05:21 GMT, September 21, 2009
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EUR/USD (1.4682)
European & US sessions forecast levels: 1.4505/1.4765
Trend Sessions: European: Downward
US: Neutral/Downward
Market Focus: 10:00 AM Leading Indicators.
Daily Strategy: The dollar started on Friday to gain against the euro as profit taken started on Friday and probably will continue today. There are not key economic events in the Euro Zone today and Leading Indicators in United States only. But the absent of key events probably will continue to support the dollar recovery. The trading strategy today is to open short position.
Forex Forecasts by FS Team
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