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Tuesday, April 17, 2007

USD/CHF: Fails To Make Clean Break Below 1.2070

Spot failed to make a clear break below 1.2070, 1.2066 printed amid the EUR/USD run at 1.3600 that failed at 1.3594, and as a result the price is consolidating in a 1.2075/85 band ahead of the European closes.
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