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USDCHF Daily Forecast: September 26

Wednesday, September 26, 2012 0:41
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(Before It's News)

USDCHF Forecast
The USDCHF continued its bullish correction yesterday and hit 0.9397 earlier today. The bias is bullish in nearest term but as long as stays below 0.9400/20 I still prefer a bearish scenario at this phase. Immediate support is seen around 0.9360. A clear break below that area could lead price to neutral zone in nearest term testing 0.9300 region but key support remains around 0.9250/30 which need to be broken to the downside to continue the bearish scenario.

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