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October 11, 2012

EUR/CHF Seeing Some Demand from the Previous Supply Area

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Changed market dynamic: It's been about a month since the EUR/CHF rallied sharply from the 1.20 floor that the Swiss National Bank pledged to support. In the previous update, I noted that the spike was different than some previous spikes, and indeed the dynamic has changed. The market did no fall... FF News: Technical

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