USDCHF Analysis - October 25, 2009
2009-11-06 21:11 | View:No changed in our view, USDCHF stays in the falling price channel and continues its downward trend from 1.1021. Deeper decline remains in favor and next target would be at 0.9800-0.9900 area. Resistance is now at 1.0230, as long as this level holds, downtrend will continue.
For long term analysis, USDCHF is in long term bearish movement from 1.1963, further fall is still possible to 0.9800 level.
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