| USD/CHF - Steep Drop Below Support Posted: 01 Jul 2010 09:16 AM PDT  Price action on USD/CHF, a daily chart of which is shown, continues to show the dramatic bearishness that was noted early in the week when price action reached all the way down to a key uptrend support line extending from the November 2009 low below parity. After the breakdown of this trendline, 1.0650 was the initial support target. For more technical analysis on this currency pair, please click here for Thursday’s (7/01/2010) Chart of the Day.
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