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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 30, 2006 at 02:55 GMT

USDCHF rebound from the bottom of the price channel support. Rising above 1.2621 may implies that the last cycle top is at 1.2422 (the day high of August 25), and the pair would rise towards 1.2700 area to reach the next cycle top. key support is at 1.2291, a break below this level may signal the reversal to the up trend.

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