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Analysts Comments

Cornelius Luca, economist at Global Forex Trading Ltd

15 May, 2008 @ 05:31 am EST
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Global Forex Trading Ltd - "Dollar/Swiss gave up most of its gains on Wednesday, but my model remains long. I still need more proof that this upmove is here to stay. Initial resistance remains at 1.0570. If this close level gives way, expect a test of 1.0622. Distant resistance is at 1.0745. Immediate support is still seen at 1.0480. This is followed by 1.0445, 1.0410 and 1.0300. Distant support is then pegged at 1.0255."

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