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17th Jul - Uptrend in USD/CHF Remains Firm

17 July 2012

WEEKLY CHART:

The 0.9674 Mar-08 low had offered resistance but the market has started to push further. Next upside focus is on the 0.9955 61.8% retracement level, ahead of the rising return line, as next potential resistances.

DAILY CHART:

The chart stays positive after once more pushing beyond the 0.9594 Jan high, following a modest pullback that held above the 0.9334 15-Mar high.

Besides levels on the longer term charts here note a Fibo projection at 1.0065 as the next possible target.

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26th Jul - CRB Index Bouncing Off Long Term 61.8% Level

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17th Jul - Grain Markets Are Pushing Higher

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