USD/CHF Daily Outlook

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03-05-2010, 07:00 AM

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USD/CHF Daily Outlook

USD/CHF's strong rebound and break of 1.0763 minor resistance argues that consolidation from 1.0897 is completed at 1.0648 already. Intraday bias is flipped back to the upside for 1.0897 resistance first. Break will confirm rally resumption. Also, note that sustained trading above medium term trend line resistance (now at 1.0826)...

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