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Relative Strength Index (RSI) in Forex Trading
October 27, 2009 at 6:16 am
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The Relative Strength Index (RSI) is a momentum oscillator, which is used for technical analysis in the forex market. Momentum oscillators such as RSI are usually used in a ‘sideways’ or ‘ranging’ market, where the price moves progressively between the support and resistance levels.
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