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Swiss Franc Technical Outlook Swiss Franc Technical Outlook
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Old 06-05-2008, 11:50 AM
DailyFx's Avatar
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Join Date: Jan 2007
Posts: 10,127
Default Swiss Franc Technical Outlook
There is little doubt that the advance from .9647 is corrective because a triangle separates the two legs.


The only question is whether or not the rally from .9647 is a complete 3 wave rally or just the first wave of a larger more complex correction. Regardless, a bearish bias is warranted against 1.0527.
STRATEGY: Bearish, against 1.0527, target TBD
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