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Swissy to go from strength to strength
The swissy has been one of the standout performers in the currency markets over the last month or so, rallying more than 600 pips against the greenback before running out of steam over the last week or so. The rally appears to be far from over though. Instead traders appear to have been just taking a breather before the next round of swissy gains. If you look at the daily chart below, the pair broke below a key level of support last week before coming back to test it as a new level of resistance. The pair failed to close back above here, despite numerous attempts over the past few days, which could be seen as ... (full story)
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- Jun 18, 2013 11:29am Jun 18, 2013 11:29am
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