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May 29, 2012

CAD/CHF knocking at the 2012 high and key resistance of 0.94

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The CAD/CHF has been more or less trading sideways in 2012 after being capped near 0.94. Before this, sideways action, the market has been in a bull run from a low of 0.7119 established in August of 2011. Note that the market is still trading above the 200-day simple moving average. Although the the... FF News: Technical

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