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Wednesday, February 1, 2012

CHF/JPY 01.02.2012


/ On : 1:04 PM
Parity CHF / JPY yesterday was a decline of 83.50 and then resumed its downward trend.
The output of the 83.04/83.50 range from below gave us a sell signal.
Currently, the parity test the next support at 82.33.
All indicators are bearish.
We continue to advise short positions is the 83.50 resistance.
The breaking of 82.33 will signal a new sales and pave the way for 81.56.
In case of return above 83.50, we will be neutral between this level and 84.
The 84 would break a buy signal.


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