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May 11, 2015 6:45 AM

Almost ready for the next move!  Short

Euro Fx/Swiss FrancFXCM

Description

The EUR was strong the last two weeks, but comparing the major EUR pairs with the EUR/CHF pair shows that the rise was not as strong as with the other pairs.

I expect a small run higher (with all the CHF pairs being oversold) to the 618 or a double top at the 50 before continuing the move lower.
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