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USD/CHF – 10 DMA caps market

Tuesday, March 31, 2015 8:19 AM UTC

Short stopped as pair rises through the 10 DMA
Market has been capped by falling average since breakdown from 1.0069
Looking at the retracements of the 1.0128/0.9491 fall
Pair has probed through the 38.2% at 0.9734, 50% at 0.9810 is next
Support is seen at tight bid ahead of the 10 DMA

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USD/CHF – 10 DMA caps market

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