Wednesday, July 19, 2006 at 00:35 GMT
USDCHF rose above 1.2527 previous high resistance, pullback to 1.2450 area is needed later today, and further rise towards 1.2700 is possible ni next several days. For longer term analysis, the pair is moving higher to reach the next cycle top on daily chart, and this cycle top will appear after July 27.
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