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FX Analysis and Technical Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Apr 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Pressure on the dollar stemming from the Fed's consistently cautious stance and lackluster US economic data in recent weeks, including the recent weaker-than-expected GDP reading, has resulted in an extended retreat from major resistance for USD/CHF. At the start of the past trading week, the retreat began at a critical[​IMG]

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