Resistance 3: Chf1.0720
Resistance 2: Chf1.0640
Resistance 1: Chf1.0560
Current price: Chf1.0524
Support 1: Chf1.0430
Support 2: Chf1.0320
Support 3: Chf1.0240
Comments: Dollar corrects after yesterday’s rally. Resistance comes at
yesterday’s highs on Chf1.0560. A bit higher there is stronger level on
Chf1.0640 (upper bound of the upward channel from Jul 15). Break above
will open the way to Feb lows on Chf1.0720. Strong support comes at
channel line on Chf1.0430 (also 23.6% Fibo of Chf1.0012 - Chf1.0560
rise). Below correction may dip to Chf1.0320 (Jul 25-27 lows) with a
break under will open the way to Chf1.0240.