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Following on from our EURCHF.......>

EURO-SWISS TECHS
EURO-SWISS TECHS: Following on from our EURCHF note earlier, today's gains are
from a technical perspective encouraging for bulls following recent important
chart and price features that suggest the cross has confirmed a reversal:
- A double bottom pattern together with a strong break of the 50-day EMA
highlighted earlier this week point to a shift in sentiment from bearish to
bullish.
- Monday's high of 1.0662 marks the next bull trigger, a break would open
1.0710, Mar 3 high as the next objective.
- Yesterday's low of 1.0578 marks the key short-term support.
- See chart: http://marketnews-m.objects.xtenit.com/marketnewsintl/EC3.PNG

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