30.05.2008 13:57

USD/CHF techs:

Resistance 3: Chf1.0620

Resistance 2: Chf1.0550
Resistance 1: Chf1.0530

Current price: Chf1.0501

Support 1: Chf1.0360
Support 2: Chf1.0200

Support 3: Chf1.0160

Comments: Dollar continues its rise with minor resistance comes at Chf1.0530. Above the target comes at 61.8% Fibo level on Chf1.0550 (Chf1.0100 - Chf1.9640 decline), then – to Chf1.0620. Strong support is around session lows on Chf1.0360 with a break under will weaken the rate to Chf1.0200 (38.2%) and Chf1.0160.






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