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Swiss Franc Technical Outlook

Friday, 08 August 2008 14:47:51 GMT

Written by Jamie Saettele, Senior Currency Strategist

Different pair…same story.  The bigger picture analysis has been correct but the short term analysis has been way off.  We view the advance from 1.0010 as wave C of 4 (like the EURUSD…but as the inverse).  A measured objective is at 1.0986 (C=A). 

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