31.07.2008 13:50

USD/CHF techs:


Resistance 3: Chf1.0610
Resistance 2: Chf1.0540
Resistance 1: Chf1.0520
Current price: Chf1.0466
Support 1: Chf1.0440
Support 2: Chf1.0380

Support 3: Chf1.0320
Comments: Dollar tested support at 38.2% Fibo level on Chf1.0440 (Chf1.0316 - Chf1.0520 move) and currently tries to rebound. Below correction may dip to key level on Chf1.0380 (channel support line from Jul 15) with a break under will open the way to Chf1.0320 (Jul 29 lows). Resistance is around yesterday’s highs on Chf1.0520. A bit higher there is stronger level on Chf1.0540 (upper bound of the upward channel from Jul 15). Break above will open the way to May highs on Chf1.0610.






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