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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Sunday, October 10, 2010

USD/CHF---WILL IT GO BELOW 0.9400 NEAR TERM ??

The good fundamentals and safe heaven status of Swiss France shall propel  USD/CHF further down towards 0.9400, and the possibility of breaching 0.9000 cannot be  discarded due to the persistent weakness of Dollars near term.

Its strong support is thus near 0.9400, breaching this level may expose 0.9000., And its strong resistance is near parity, 1.0000 level.




Monthly Chart on USD/CHF
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