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USDCHF Daily Forecast: August 23
Thursday, August 23, 2012 3:42
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USDCHF Forecast
The USDCHF continued its bearish correction yesterday and hit 0.9552 earlier today. The bias remains bearish in nearest term testing 0.9420 as the bearish correction target. Immediate resistance is seen around 0.9625. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 0.9700 my overall intraday bias remains to the downside and only a clear break above 0.9800 will end the current bearish correction phase.
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2012-08-23 03:32:35
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-august-23-3
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