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04

Mar

USDCHF: Risk Continues To Point Lower

Posted by admin as Daily forex analysis

Although USDCHF has backed off its Wednesday low(1.0647) and is now seen strengthening, as long as that is limited to its Mar 03’10 high at 1.0762 we envisage a recapture of the 1.0645 level, its Feb 17’10. On a trade below there, downside risk will build towards the 1.0607 level,…

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