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October 7, 2012

USDCHF Bears In Progress – Elliott Wave Analysis

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USDCHF successfully moved through the falling trend-line of a corrective channel which is the first indication for a completed wave 4 at 0.9438 and wave 5) underway. We expect an impulsive bearish price action through September's lows and ideally a move towards 0.9100 projected fifth wave target. ... FF News: Technical

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