Daily Market Overview: USD/CHF

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 0.9177
Daily minimum: 0.9128

Support located at 0.9091 managed to withstand bearish pressure for now. However, the price might drop even lower, down to 0.0914, given its recent tendency.

Daily Resistance: 0.9185/97; 0.91220/28; 0.9278/88.
Daily Support: 0.9091; 0.9082; 0.9014.
Daily Bias: Neutral.

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Tue, 20 Mar 2012 10:01:49 GMT

EUR/USD to hover below 1.3291/1.3325

EUR/USD should remain capped by a tough resistance located at 1.3291/1.3325, which is expected to contain near-term rallies. The immediate support on the other hand is at 1.3135, followed by a key level at 1.2974/54.

Mon, 19 Mar 2012 20:37:46 GMT

Daily Market Overview: EUR/USD

After stalling near 1.3184 in the first part of the day, the pair has managed to overcome this resistance. At the moment it is headed towards 1.3274, which may halt bullish advancement.

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