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Saturday, 21 July 2012

2012.07.20 09:38:58 USD/CHF intraday: intraday support around 0.977.

USD/CHF intraday: intraday support around 0.977.

Update on supports and resistances.
Pivot: 0.977

Our preference: Long positions above 0.977 with targets @ 0.983 &
0.985 in extension.

Alternative scenario: Below 0.977 look for further downside with 0.974
& 0.971 as targets.

Comment: the RSI is mixed to bullish.

Key levels
0.987
0.985
0.983
0.97922 last
0.977
0.974
0.971


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