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FX.co ★ USD/CHF Technical Rebound, February 25, 2011 (Daily Strategy)

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Forex Analysis

2011-02-25T15:41:43
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USD/CHF Technical Rebound, February 25, 2011 (Daily Strategy)

USD/CHF Technical Rebound, February 25, 2011 (Daily Strategy)

USD/CHF

The United States dollar – Swiss Franc pair continues its southward journey as part of a downwards trend that,technically, was found with a strong weekly support around the 0.9236 where the pair had been braked and is currently even beginning to show signs of recovery.

It is possible to enter a buy deal at the present level, with an partial exit goal placed around the 0.9513 monthly Pivot point level and our final goal around 0.9700 Swiss Franc for one United States dollar

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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