Market news
06.07.2011, 05:06

Techs on USD/CHF

Resistance 3: Chf0.8520
Resistance 2: Chf0.8500      

Resistance 1: Chf0.8420      
Current price: Chf0.8408
Support 1: Chf0.8380
Support 2: Chf0.8250
Support 3: Chf0.7970


Comments: Dollar tries to recover  and currently holds above recent lows on Chf0.8380 (minor support). Stronger level comes at channel line from Jun'06, coming today at Chf0.8250. Below there is no major support till trend line from mid-Feb on Chf0.7970. Initial resistance is around Chf0.8420 (local highs). Above the rise may extend to Chf0.8490/00 (trend resistance line) and Chf0.8520 (Friday's high).


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