Swiss franc should strengthen slightly against USD

Crowds detail Trade Forex are effectively neutral dollar (ticker: USDOLLAR) against the Swiss Franc, giving little reason to expect large gatherings or weakness by the Exchange in the short term. Wider calls for the USD declines in the short term however leave the recent USDCHF trend intact.
Indeed, we see the scope of the weakness of the modest USDCHF at the end of the month, while seasonal trends indicate that July could be the beginning of a new trend.
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> Bear EURUSD should seek Shorts almost 12700

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By Jamie Saettele, strategist technical CMT, SR., may 28, 2012 17: 48 GMT DailyBars

Prepared by Jamie Saettele, CMT
Supporters of the former base channel are now resistance. Comment of last week is still relevant; "deterioration must more likely feelings discharged in the form of a correction, if even next door." In this case, 12724 is resistance. "Price traded on the side for 3 days in which can form the basis for a pop in 12700. Resistance in would present an opportunity to align with the largest bear trend.
LEVELS: 12150 12495 12640 12690 12725 12825