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USDCHF - Free Forex Market Analysis

In FREE Forex Market Analysis section, we'll provide forex market traders mid-term technical analysis of major currency pairs. But first of all, you should go to FAQ page to read the expression of the signs and words that appeared on the forex market analysis charts. You may join our yahoo group if you want to receive the update alert immediately after the analysis had been posted. For daily forex analysis, you can subscribe our Short-Term Forex Market Analysis, now you can get it at no charge.

Saturday, September 9, 2006 at 02:41 GMT

Key resistance at 1.2422 is broken above, USDCHF bottom at 1.2182 on daily chart. Further rise towards 1.2594 to reach the next cycle top is possible in the next several days. On the other side, the next cycle top is nearing, key support is now at 1.2226, a break below this level may signal the next cycle top.

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