Thursday, January 28, 2010

ZKB: dollar / franc could continue upward movement

As the currency analysts Zuercher Kantonalbank, pair dollar / franc overcame resistance in the 1.0505/15 area, and now may well continue its upward movement. According to the bank's strategy, the dollar / franc could rise to the level of 1.0600. The bank noted interest in buying a pair of 1.0480/90. At the moment pair dollar / franc traded at 1.0533.

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