USDCHF: Risk Continues To Point Lower

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03-04-2010, 12:13 PM

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USDCHF: Risk Continues To Point Lower

Although USDCHF has backed off its Wednesday low(1.0647) and is now seen strengthening, as long as that is limited to its Mar 03�10 high at 1.0762 we envisage a recapture of the 1.0645 level, its Feb 17�10. On a trade below there, downside risk will build towards the 1.0607 level,...

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