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Monday, April 02, 2007

USD/CHF: At Lows Into Early NY Trading, 1.2125 Break Needed

Into early NY trading and USD/CHF is back at the lows with bids into 1.2135 still stalling the potential for any snap lower. However, more buyers are suggested to be lined up ahead of the 1.2125 mark so it will take a break below this level before momentum increases.

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