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April 13, 2012

USD/CHF approaches support cluster around 0.91

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The USD/CHF has been in a consolidation pattern since hitting 0.9220. The 4H chart shows that it has accelerated to the downside a bit this week, pushing the pair to the 50% retracement of the 0.90-0.9220 swing. As we approach 0.91, let's review the support factors here. The 61.8% retracement is at... FF News: Technical

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