04.06.2008 10:48

USD/CHF techs:

Resistance 3: Chf1.0580
Resistance 2: Chf1.0520
Resistance 1: Chf1.0440

Current price: Chf1.0419

Support 1: Chf1.0320
Support 2: Chf1.0280

Support 3: Chf1.0220

Comments: Dollar trades higher. The nearest resistance is yesterday's high at Chf1.0440. Friday’s high around Chf1.0520 is a medium resistance with a break above rate will target Chf1.0580, then - Chf1.0640. Support comes at hourly lows on Chf1.0400- Chf1.0390, stronger one at Chf1.0280/60 and around May lows around Chf1.0220.






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