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Forex pairs in this Article » USD/CHF
FXstreet.com (Barcelona) - Having closed above the 0.9303 high after trading through the downtrend, the market confirmed a break to the topside. "We have seen this market repeatedly fail to close below 0.9104 over the past few weeks, (this is the 61.8% retracement of the move seen in 2012), and we have been highlighting our suspicions that this is in fact basing", wrote analyst Karen Jones, pointing to upside target at 0.9423 (200 day moving average) and then 0.9513/25 (50% retracement and November high) and intraday support at 0.9245/10.
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