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Gold •15 mins	1,450.60	+22.50	+1.58%
Platinum •15 mins	858.30	+8.40	+0.99%
Bitcoin •1 min	10,587.42	+760.98	+7.74%
WTI Crude •11 mins	55.82	+0.52	+0.94%
Gasoline •11 mins	1.805	+0.019	+1.06%
Silver •15 mins	16.42	+0.22	+1.34%

Silver • 15 mins	16.42	+0.22	+1.34%
Copper • 15 mins	2.722	+0.012	+0.44%
Ethereum • 1 min	223.75	+9.71	+4.54%
Brent Crude • 34 mins	61.93	-1.73	-2.72%
Natural Gas • 11 mins	2.266	+0.003	+0.13%

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USD/CHF - Continued Weakness

By - Feb 01, 2017, 6:35 AM CST

USD/CHF's momentum is bearish. Yet, the selling pressures are being reduced below parity. Key resistance is given at a distance at 1.0344 (15/12/2016 high). The road is clearly wide-open for further decline.

In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Key support can be found 0.8986 (30/01/2015 low). The technical structure favours nonetheless a long term bullish bias since the unpeg in January 2015.

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