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EUR/CHF Bear Market Rally

EUR/CHF (a daily chart of which is shown) as of Tuesday (3/29/2011) has been making a bullish correction rally after approaching a re-test of the all-time low just above 1.2400 around a week and a half ago. This occurs within the context of a long-term downtrend that has been in place since late 2007. For more EUR/CHF forex technical analysis, please click here.

James Chen, CTA, CMT