Resistance 3: Chf1.1730
Resistance 2: Chf1.1600
Resistance 1: Chf1.1500
Current price: Chf1.1345
Support 1: Chf1.1353
Support 2: Chf1.1185
Support 3: Chf1.1090
Comments:
The U.S. currency also dropped on prospects the credit crisis will hurt
growth in the world's largest economy, prompting traders to add to bets
on a Federal Reserve interest-rate cut. Support is located on Chf1,1305
(23,6 % FIBO of growth Chf1,0680-Chf1,1500). Overcoming of the given
mark will open road to Chf1,185 (38,2 %) and further to Chf1,090 (50,0
%). Above Chf1.1500 (strong area of resistance - October 6 high) is
probability of growth to Chf1,1600 (area of November 2007 high) and
further to Chf1,1730 (the top border of the ascending channel from July
17).