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US Dollar: Long-Awaited Reversal Underway

Posted on March 11th, 2011 by

US Dollar: Long-Awaited Reversal Underway
Forex trading crowds have recently sold in to a nascent US Dollar recovery, giving contrarian signal that the beleaguered US currency could continue higher through short-term trade.
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Forex: USD/CHF fails at 0.9860 again
FXstreet.com (Barcelona) – Swiss Franc bounced up from 0.9300 day low ahead of the European session opening and rose to 0.9360, where the pair was rejected again, and pulled back, reaching 0.9820
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