21.05.2008 13:58

USD/CHF techs:

Resistance 3: Chf1.0570
Resistance 2: Chf1.0480
Resistance 1: Chf1.0390

Current price: Chf1.0331

Support 1: Chf1.0330
Support 2: Chf1.0280

Support 3: Chf1.0220

Comments: Dollar tests strong support which comes at Chf1.0330. Break under will point to a further decline to channel support line from Mar 17 on Chf1.0280 and then – to Chf1.0220. Strong resistance is around Chf1.0390. Above there is a room for a rise to Chf1.0480 and Chf1.0570 (May 19 high).






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