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Forex Analysis: USD/CHF Classic Technical Report 01.24.2013

By , Currency Strategist
24 January 2013 15:47 GMT

Prices are inching lower toward support at 0.9268, with a break below that targeting a falling trend line at 0.9197. Near-term resistance is at 0.9382, the December 7 swing top. A push above that targets the November 13 high at 0.9512.

Forex_Analysis_USDCAD_Classic_Technical_Report_01.24.2013_body_Picture_1.png, Forex Analysis: USD/CHF Classic Technical Report 01.24.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

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24 January 2013 15:47 GMT