
05-14-2010, 02:16 PM
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Superior Investor
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Join Date: Sep 2008
Posts: 11,435
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USD/CHF Mid-Day Outlook
USD/CHF's break of 1.1244 resistance confirms that recent rally has resumed. Intraday bias remains on the upside and further rally should be seen to 161.8% projection of 1.0131 to 1.0897 from 1.0434 at 1.1673 next. On the downside, below 1.1138 minor support will turn intraday bias neutral and bring consolidations. But downside should be contained above 1.0922 support and bring rally resumption.
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