USD/CHF Technical Analysis for April 29, 2011

The USD/CHF fell again today, but rose from the bottoms – a place that matched the all0time lows made a few days ago. The pair still looks very weak, and any rallies should be sold. The 0.8650 mark is showing signs of being stubborn, but the truth is this market keeps falling, and there is nothing on this chart that makes that seem to be in doubt anytime soon.

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