Prices broke support in the 0.9381-0.9402 area marked by a range top set from late September, the 23.6% Fibonacci retracement, and a rising trend line set from the October 17 low. Sellers now aim to challenge the 0.9213-38 region. Alternatively, a push back above 0.9402 aims for the 38.2% Fibonacci retracement at 0.9503.

Forex_Analysis_USDCHF_Classic_Technical_Report_11.23.2012_body_Picture_1.png, Forex Analysis: USD/CHF Classic Technical Report 11.23.2012

Daily Chart - Created Using FXCM Marketscope 2.0

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