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USD/CHF Breaks Above Channel within a Sideways Market
Stocks, Unit trusts, Wealth Management and Forex markets
03-05-2012, 12:01 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,343
Potenza rep: 10
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USD/CHF Breaks Above Channel within a Sideways Market
The 4H USD/CHF chart shows a market breaking above a channel. The break was strong, and clears the moving averages periods 200 down to 8. As get into the 5/2 US session the market is stalling around 0.9150. To the downside, the 0.91 area is key support if the market 
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