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February 21, 2012

USD/CHF: Pressure on the lows - MIG Bank

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USD/CHF has broken down to see marginal breach of the 0.9089 swing low following last week's completion of a bull trap. • The rebound from 0.9089 to 0.9300 completed the correction of the decline from the 0.9596 January swing high, setting the stage for fresh trend weakness. • While 0.9263/0.9300 ... FF News: Technical

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