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Old 04-22-2008, 04:38 PM
DannyBly DannyBly is offline
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Looks like we have an imminent death cross (50 period EMA crossing below the 200 period EMA) occuring on the hourly USD/CHF:



However, we are up against some pretty good support off the trendline shown on the daily at around 0.99955:



Looking for bearish follow through below the trend line on the daily.
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