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EUR/CHF Mid-Day Outlook

by Action Insight (All Reports) on July 20, 2010

EUR/CHF's sharp fall drags 4 hours MACD below signal line and suggests that a temporary top is formed at 1.3674. Intraday bias is turned neutral. Break of 1.3434 resistance turned support will indicate that rebound from 1.3072 is finished and will flip intraday bias back to the downside for 1.3072.

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