Future Looking Brighter For Euro

TECHNICAL ANALYSIS

Technical analysis of recent euro price moves points to a brighter future for the currency, and show that a tradable bottom has now been reached.

For weeks euro/dollar has moved relentlessly lower. But momentum indicators -- a range of technical indicators which confirm whether a currency is heading in the right direction -- now point to a possible upswing.

One of the most reliable of these indicators is the stochastic oscillator, an analysis tool based on the premise that prices tend to close

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