06.06.2008 10:43

USD/CHF techs:


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

Current price: Chf1.0379
Support 1: Chf1.0370
Support 2: Chf1.0280
Support 3: Chf1.0220
Comments: Dollar is under pressure after testing support at Chf1.0370 (50% of Chf1.1100 - Chf1.9640 decline). Break under this level will widen losses to Chf1.0280 and then – May lows on Chf1.0220. Resistanbce comes at 50% Fibo level of yesterday’s fall on Chf1.0440. Above there is a room for a rise to Thursday’s high on Chf1.0520.






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