09.10.2008 10:42

USD/CHF techs:

Resistance 3: Chf1.1500
Resistance 2: Chf1.1440
Resistance 1: Chf1.1310
Current price: Chf1.1271
Support 1: Chf1.1220
Support 2: Chf1.1140
Support 3: Chf1.1085
Comments: The dollar gained on speculation financial institutions will seek to buy more of the currency in the foreign-exchange market due to the reluctance of banks to lend to each other. As the nearest resistance acts the area of session high on Chf1,1310. Above is possible growth to Chf1,1440 (yesterday's high) and further to Chf1,1500 (Monday's high). Area Chf1,1200/20 (session low and also Oct 03 low) is strong support which overcoming will open road to Chf1,1140 and further to Chf1,1085.






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