Friday, July 28, 2006 at 02:56 GMT
Key support at 1.2354 is broken below, USDCHF is in down trend. Further fall below 1.2182 (the day low of July 7) is possible after near term support at 1.2307 is broken below. Key resistance is now at 1.2545, only rise above this level may signal a reversal of the down trend.

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