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 EUR/CHF Bullish Outlook, June 02, 2011 (Daily Strategy)

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PostSubject: EUR/CHF Bullish Outlook, June 02, 2011 (Daily Strategy)    EUR/CHF Bullish Outlook, June 02, 2011 (Daily Strategy)  Icon_minitimeThu Jun 02, 2011 6:40 am

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EUR/CHF

After a prolonged downwards trend, the Euro - Swiss Franc pair has
stabilized around of 1.2060, technically it could provide a bounce
upward and the possibility of a change in short-term trend.

Our perspective will be Bullish
only if the price is above the first weekly support around the 1,2026
level. It is possible to enter a buy deal already at the present price
levels, with a partial objective around 1.2400 and a final goal to the
level of 1.2600

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