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USDCHF Daily Forecast: October 16
Tuesday, October 16, 2012 4:01
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USDCHF Forecast
The USDCHF attempted to push higher yesterday, topped at 0.9370 but whipsawed to the downside and hit 0.9298 earlier today. The bias is bearish in nearest term testing 0.9250. Immediate resistance is seen around 0.9350. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 0.9420/35 I still prefer to sell on rallies.
2012-10-16 03:45:15
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-october-16-2
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