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 Forex Analysis
07

FX Thoughts for the Day


Swiss has risen during the day and is now trading in the Resistance region 1.0330-60. Note that 1.0360 is the 21-DMA (1.0360) which is resisting the pair for the last couple of days. A strong break above the 21-DMA might see further rise towards 1.0430 in the coming sessions. On the other hand if the 21-DMA Resistance continues to hold, we might see

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