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Spot FX USDCHF 4 Hour (25.05.2010)

USDCHF can also be seen forming an ascending wedge. The bias remains bearish whilst the pair continues to trade therein. A break of the wedge to the downside could see an impulsive movement, with 1.1000 established as a potential target.

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Uploaded on May 25, 2010
Taken on May 25, 2010