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USDCHF Daily Forecast: April 29
Monday, April 29, 2013 0:33
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USDCHF Forecast
The USDCHF attempted to push higher last week topped at 0.9497 but closed lower and hit 0.9407 earlier today after touched the trend line resistance as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9350. Immediate resistance is seen around 0.9430. A clear break above that area could lead price to neutral zone in nearest term testing 0.9500 area which need to be clearly broken to the upside to continue the bullish scenario testing 0.9600.
2013-04-29 00:31:44
Source: http://www.fxinstructor.com/blog/usdchf-daily-forecast-april-29-3
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