Wednesday September 29, 2010 - 10:05:09 GMT
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IKON GROUP - ikonfx.com/
Forex Market"USD/CHF Trend"Forex Market--It is indicated that USD/CHF will do weak consolidation; and the dim popularity of USD put pressure on the forex rate of USD/CHF,
but the worry around the Swiss National Bank may enter into the forex market to sell local currency will limit the forex rate decline.
The focus of the data aspect is the KOF economic indicator in September that will be published at Beijing time 17:30.
View for the technical, the 5th and 15th moving average of the USD/CHF decreased.
The resistance of the forex price stayed at low point of 0.9736.
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Edited by Sarah
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