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GBP/CHF fell this week, after being set up last week by a shooting star. The pair has been in a major down trend, as this trading community looks to Switzerland for safety in uncertain times. The 1.45 level is important, but it looks like we are going to test it, and fast. The break down from there could be strong, as there is no real support to be found once we break the lows. We are going to be in uncharted waters at that point. Buying isn’t recommended.
Originally posted here
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