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Thursday, July 24, 2014

USDCHF Daily Analysis

11:26 PM
USDCHF's upward movement from 0.8897 extended to as high as 0.9037. Further rise could be expected, and next target would be at 0.9101 area. Support is at 0.9001, only break below this level will indicate that consolidation of the uptrend from 0.8854 is underway, then range trading between 0.8970 and 0.9037 could be seen.