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Data On Tap - US Core CPI ,Housing Starts and Building Permits.
Crude Oil:Today we may see the Crude Oil weakening as the bullish trend seems to be out of steam. The 4 hour chart is bearish and the Slow Stochastic is crossed on overbought territory (84) and having a negative slope.Going short seems to be preferable today however Forex traders need to pay attention for a possible 80.80 breakout.
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