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  1. USDCHF breaks below 0.9478 support

    by , 06-17-2012 at 10:06 PM (Free Forex Market Analysis)
    USDCHF breaks below 0.9478 support and reaches as low as 0.9421. Further decline could be expected after a minor consolidation, and next target would be at 0.9300 area. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend will continue.



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