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FX.co ★ USD/CHF Around the Fractal 0.9230 , March 02, 2011 (Daily Strategy)

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Forex Analysis:::2011-03-02T13:29:45

USD/CHF Around the Fractal 0.9230 , March 02, 2011 (Daily Strategy)

USD/CHF Around the Fractal 0.9230 , March 02, 2011 (Daily Strategy)

USD/CHF

The United States dollar – Swiss Franc pair continues its southward journey as part of a downwards trend that,technically, could present stagnation and change its trend, We note also has formed a fractal around 0.9230, at this level the pair has found strong support. so that, if the pair bounce in this area, expect a confirmation in the 4hrs candles, the price this above 0.9260

If drill down to 0.9230, we would expect to enter buying to 0.9185, with a partial objective in 0.9440 and a final goal in 0.9630 francs per U.S. Dollar

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