Euro losing upside momentum

19 November 2009 @ 06:50 pm EDT

FXstreet.com (Buenos Aires) - EUR/USD Current Price: 1.4911. Losing upside momentum in the hourly, indicators had turned to the downside waiting for Nikkei opening, still far from giving signals. Current candle opening under 200 EMA favor further falls for next hours, yet gold and stocks will have the key of risk sentiment movements: further falls both in locals share markets and commodities, likely favor some dollar strength.

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