Thursday, July 6, 2006 at 00:33 GMT
Key resistance at 1.2277 is broken above, USDCHF bottomed at 1.2202 on 4 hours chart, the pair is in up trend now, further rise towards 1.2400 level can be seen after a slightly correction. Key support is at 1.2202, only break below this level can signal a reversal of the up trend.

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