Wednesday, January 6, 2010

UNITED WORLD CAPITAL USD/CHF Mid-Day Outlook

USD/CHF's consolidation from 1.0506 is still in progress and with 1.0420 minor resistance intact, risk of another fall remains. Nevertheless, we'd continue to expect downside of the consolidation to be contained by 1.0175 resistance turned support and bring resumption of whole rise from 0.9916. Above 1.0420 minor resistance will flipped.... UWCFX
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Posted by United World Capital Forex at 5:48 AM

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