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Old 03-02-2010, 08:12 PM
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Default USD/CHF Mid-Day Outlook

USD/CHF failed to take out 1.0897 resistance once again today and is still bounded in sideway trading. Intraday bias remains neutral and more consolidations could be seen. But even in case of another fall, we'd expect downside to be contained by 1.0608 cluster support (38.2% retracement of 1.0131 to 1.0897...
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