22.05.2008 14:23

USD/CHF techs:

Resistance 3: Chf1.0570

Resistance 2: Chf1.0400
Resistance 1: Chf1.0310

Current price: Chf1.0272

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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