22.05.2008 10:50

USD/CHF techs:


Resistance 3: Chf1.0570
Resistance 2: Chf1.0400

Resistance 1: Chf1.0310
Current price: Chf1.0240
Support 1: Chf1.0230
Support 2: Chf1.0140
Support 3: Chf1.0080
Comments: Dollar remains under pressure. Strong support comes at session lows on Chf1.0230 with a break under will point to Chf1.0140 and then – to Chf1.0080. Resistance comes at Chf1.0310 (23.6% of Chf1.0570 - Chf1.0230 decline). Stronger level is around Chf1.0400 (50%) and then – near Chf1.0570 (May 19 high).







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