Forex: USD/CHF Technical Analysis – Bulls March Toward 0.91
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- Prices rose as expected after showing a Doji candle; resistance now at 0.9105 (38.2% Fib)
- Break higher targets the 0.9165-89 area (Wedge top, trend line from Feb’12, 50% Fib)
- Back below 0.9022 (23.6% Fib) exposes the Oct 24 low at 0.8889
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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