Dollar Advances on Riskier Currencies Following Fed Statement

June 25, 2010 by ForexYard  
Filed under Daily Forex Analysis

SPI 200 (ASX):

After the recent sharp drop a correction may be taking place today as the RSI seems to be floating in the oversold territory on the hourly and 8 hour charts and a bullish cross is evident on the 4 hour chart’s Slow Stochastic. CFD traders may be advised to go long for the day.

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