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USDCHF Weekly Analysis - January 10, 2015

Long Term Forex Analysis | by ForexCycle.com | Saturday, 10 January 2015 14:15 UTC
USDCHF remains in uptrend from 0.8703 (May 8, 2014 low), and the rise extended to as high as 1.0216. Further rise could be expected after a minor consolidation, and next target would be at 105.00 area. Near term support is at 1.0000, and the key support is located at the upward trend line on daily chart, only a clear break below the trend line support could signal completion of the uptrend.

usdchf chart

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