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USD/CHF Technical Analysis 05.09.2013

Ilya Spivak

USD/CHF Technical Analysis- Prices are testing support at 0.9342, the 23.6% Fibonacci expansion. A break below that aims for rising trend line support at 0.9269. Falling trend line resistance is at 0.9452, with a break above that aiming for the April 24 high at 0.9498.

Forex_USDCHF_Technical_Analysis_05.09.2013_body_Picture_5.png, USD/CHF Technical Analysis 05.09.2013

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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