11.06.2008 13:48

USD/CHF techs:

Resistance 3: Chf1.0620
Resistance 2: Chf1.0580
Resistance 1: Chf1.0440Current price: Chf1.0389

Support 1: Chf1.0370Support 2: Chf1.0280

Support 3: Chf0.0150

Comments: Dollar trades lower session highs, where resistance lies on Chf1.0440. Break above will open the way to Friday’s highs on Chf1.0580. Next band of resistance is near Chf1.0620 (May 08 high). Support is around Chf1.0370 (23.6% of Chf1.0150 - Chf1.0450 rise). Under that level the losses may extend to Chf1.0280/90 (50%) and then – to Monday’s low on Chf0.0150.






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