06.10.2008 10:41

USD/CHF techs:

Resistance 3: Chf1.1600
Resistance 2: Chf1.1500
Resistance 1: Chf1.1420
Current price: Chf1.1375
Support 1: Chf1.1275
Support 2: Chf1.1220
Support 3: Chf1.1140
Comments: The German government and the country's banks and insurers agreed on a 50 billion euro ($68 billion) rescue for Hypo Real Estate after an earlier bailout faltered. As the nearest support acts Chf1,1275 (session low). Below loss of a rate can will increase up to Chf1,1220 (Friday's low) and further to Chf1,1140 (Oct 1 low). Resistance is Sep 11 and Oct 2 highs on Chf1,1420. Above is possible growth to Chf1,1500 and further to Chf1,1600.






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