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USDCHF Daily Forecast: August 24
Friday, August 24, 2012 5:31
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USDCHF Forecast
The USDCHF was indecisive yesterday but overall still able to maintain its bearish intraday bias, hit another fresh daily low at 0.9537. The bias remains bearish in nearest term testing 0.9420 as the bearish correction target. Immediate resistance is seen around 0.9660. A clear break above that area could lead price to neutral zone in nearest term testing 0.9700 region but we need a clear break above 0.9800 to end the current bearish correction phase.
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2012-08-24 05:21:00
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-august-24-4
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