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May 15, 2012

USDCHF: Builds on its recovery, eyes 0.9591 level

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With USDCHF breaking and hold above its key resistance at the 0.9331 level, it now looks to extend further upside gains towards the 0.9504 level, its Jan 13'2012 low. A break of here will call for a run at the 0.9591 level. Its daily RSI is bullish and pointing higher supporting this view. On the... FF News: Technical

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