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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, May 8, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Dollar-Swiss has started coming off again after rallying to 1.0590 during the day. A test of Support at 1.0535 (trend Support on the 4-hour Candles) is likely. If that breaks, a further fall towards 1.0480 and possibly even 1.0462 (projected Max Low for the Day) could be seen.

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