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Swiss Franc Technical Outlook

Monday, 07 July 2008 15:57:40 GMT

Written by Boris Schlossberg, Senior Currency Strategist

Our call to, “look for resistance near 1.0266” proved fleeting as the pair was able to break through on the way to the 1.0300 figure.

Next level of resistance is the 1.0400-1.4500 zone. We remain sidelined for the time being watching the price action unfold.

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