fx technical research

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    USDCHF – Nearer Term Bias Points Lower Despite Price Stall (The Week Ahead).

    USDCHF: While USDCHF halted its declines to close slightly higher the past week, it continues to hold on to most of its weakness started from the 0.9591 level.This suggests its present attempt on the upside is corrective and should fade thus returning to its Jan 27’2012 low at 0.9114 with a...
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    USDCHF: Susceptible To The Downside On Price Failure.

    USDCHF: The pair is now on a second day of downside weakness after it backed off higher prices on Tuesday. Despite this, USDCHF remains biased to the upside in the medium term. While the pair holds above its key support at the 0.9240 level, its Dec 21’2011 low, we look for it to return to the...
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