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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, October 7, 2006 at 02:50 GMT

Previous high resistance at 1.2621 is broken above, USDCHF is moving higher towards 1.2700 level to reach the next cycle top. For long term analysis, the rise from 1.1919 is treated as in correction to the down trend, and down trend will resume after breaking below the key support at 1.2291.

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