CURRENCIES : long term trends
​We continue reviewing long term currency index charts. The Yen and the Euro have obviously joined very important resistances in February. They should fall further in the coming weeks. The Swiss Franc did not break out of the range in which it has evolved since September. We still favour strength, but after a few weeks of consolidation. The Dollar is the hardest one to read. If we simply keep it simple to the troughs and peaks analysis, it still is in an uptrend
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