07.10.2008 11:02

USD/CHF techs:

Resistance 3: Chf1.1680
Resistance 2: Chf1.1600
Resistance 1: Chf1.1500
Current price: Chf1.1433
Support 1: Chf1.1420
Support 2: Chf1.1275
Support 3: Chf1.1220
Comments: The pair has slightly receded from the reached high, but continues to remain within the limits of the ascending channel which top border acts as strong area of resistance. As intermediate resistance acts Chf1,1500 and Chf1,1600. As the nearest support acts the area of Sep 11 and Oct 2 high, and also area of a session low on Chf1,1420. Below loss of a rate can will increase up to Chf1,1275 (yesterday's kow) and further to Chf1,1220 (Friday's low).






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