Market news
18.08.2011, 06:42

Techs on USD/CHF:

Resistance 3: Chf0.8360
Resistance 2: Chf0.8180
Resistance 1: Chf0.8010/15
Current price: Chf0.7943
Support 1: Chf0.7770
Support 2: Chf0.7540
Support 3: Chf0.7070

Comments: Dollar continues to go ahead after it refreshed earlier highs in Asia at Chf0.8010/15 (interim resistance). Further rise may be capped at Chf0.8180/85 (channel line since mid-Feb). Key resistance remains at trend line from Jun 01'2010 at Chf0.8360 today. Support - at  Chf0.7764/70 (Tuesday's lows). Below rate may probe Chf0.7540 (Aug 12 lows). Key support - at life-time low at Chf0.7070.

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