Global Forex Trading Ltd - Dollar/Swiss reversed early losses in a dramatic fashion to close higher on Wednesday, and my model went long. But it moved up too much too fast, and the immediate outlook is mixed to slightly bullish. Initial resistance now comes at 1.0425. If this level is surpassed, then expect a test of 1.0510. Distant resistance is perched at 1.0623. Immediate support is still seen at 1.0305. This is followed by 1.0200, 1.0130 and 1.0105.
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