Forex: USD/CHF Technical Analysis – Franc Sinks to 1-Month Low
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- A break above 0.9077 (618% Fib ret.) has exposed 0.9143 (76.4% Fib ret.)
- Pushing further above that targets 0.9235 (rising trend line from February 2013)
- Reversing back below 0.9077 aims for 0.9024 (50% Fib retracement)
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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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