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Author Topic: USDCHF  (Read 413 times)

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HC

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USDCHF
« on: October 05, 2008, 09:38:35 AM »

USDCHF (2008-10-03 closed at 1.1272)

UC is now facing resistance from the previous triangle formation.  Let see how the bull and bear settle is battle here.
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HC

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Re: USDCHF
« Reply #1 on: October 12, 2008, 10:19:21 AM »

USDCHF (2008-10-10 closed at 1.1341)

This week UC printed a doji in weekly chart while facing resistance.  The daily chart shows a bearish divergence and I think  a good shorting location will be at the recent high 1.1480+-, with target immediate target at 1.1130, last week's low.
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