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USDCHF Daily Forecast: August 29
Wednesday, August 29, 2012 8:33
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USDCHF Forecast
The USDCHF continued its bearish momentum yesterday, bottomed at 0.9548 and closed at 0.9553. The bias is bearish in nearest term especially if price able to make a clear break below 0.9540 testing 0.9420 area. On the upside, we need a clear break at least above 0.9650 to interrupt the current bearish correction phase.
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2012-08-29 08:28:16
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-august-29-2
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