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August 20, 2012

USD/CHF Contained in August Range Between 0.99 and 0.9660

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The USD/CHF is much like an upside down mirror image of the EUR/USD because the SNB continues to keep Swiss Franc pegged to the Euro, as you would be able to see on a EUR/CHF daily chart. Therefore the USD/CHF's recent non-directional trading is much like that of EUR/USD, stuck in the August range,... FF News: Technical

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