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Forex Trading: USDCHF pressured as well

Posted by Greg Michalowski on Thu, 08/21/2008 - 9:47am in

USDCHF broke through the 1.0964 (100 hour moving averge) then the 200 hour moving average at the 1.0918 level (after first holding the level). 

The Pair has consolidation low support at the 1.0825-1.0830 level.  Will be watching this level on the downside.