12.11.2008 14:00

USD/CHF techs:

Resistance 3: Chf1.2000
Resistance 2: Chf1.1960
Resistance 1: Chf1.1890

Current price: Chf1.1835
Support 1: Chf1.1830
Support 2: Chf1.1760
Support 3: Chf1.1680

Comments: Tech on USD/CHF hasn't changed. The pair has established a new high of 2008 (Chf1,1890) which at present acts as strong area of resistance as also is a level of 61,8 % FIBO of falling Chf1.3285-Chf1.0455. Above is possible growth to Chf1.1960 (area of high of July 2007 and the top border of the channel ascending from July, 13th). Further psychological level Chf1,2000 is located. Nevertheless, generated on short intervals bearish divergences can testify in favour of the beginning of correction in the near future. Intermediate support the area of a session low on Chf1.1830 is represented, as stronger level of support acts the area of 31.8 % FIBO of growth Chf1.1550-Chf1.1890 on Chf1.1760. Overcoming of the given mark will open road to Chf1.1680 (61.8 %).






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