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Archive for January, 2007

Short Term Analysis – January 03, 2007

Wednesday, January 3rd, 2007

USDCHF

20070103_usdchf_1.gifKey support at 1.2115 is broken below, USDCHF topped at 1.2267 on 4 hours chart and daily chart. Further decline towards 1.2000 area can be expected in a couple of days. Key resistance is at 1.2267, only break above this level may signal the resumption of the up trend.

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