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Chart of the Day - 3/09/2010 – USD/CHF

posted by Avatar jameschen 703 days ago in USD, CHF, Technical made popular 703 days ago

Price action on USD/CHF, a daily chart of which is shown, has consolidated in a tight, slightly bearish consolidation right underneath a key long-term downtrend resistance line extending from the 2008/09/10 high hit in November 2008. Since recently hitting this trendline in mid-February, price has bumped up against it several more times without
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