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Swiss Franc Technical Outlook

Tuesday, 22 April 2008 13:17:23 GMT

Written by Jamie Saettele, Currency Analyst

It is very possible that a corrective advance is complete at 1.0283 and that the USDCHF is headed to fresh lows. 

This view is now favored as long as 1.0283 is intact because the decline from there is impulsive (on very short term charts).  Short term resistance is in the 1.0150/1.0200 zone.  

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