Tech on USD/CHF

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11 May 2011

Tech on USD/CHF

Resistance 3: Chf0.9010 (Apr 19 high)

Resistance 2: Chf0.8875 (Apr 22-25 high)

Resistance 1: Chf0.8825 (around of Apr 27 and May 10 high)

Current price: Chf0.8796

Support 1: Chf0.8780 (support line from May 5)

Support 2: Chf0.8700 (May 10 low)

Support 3: Chf0.8675 (May 6 low)

Comments: the pair slightly decreased. The nearest support - Chf0,8780. Below loss may extend to Chf0.8700. The nearest resistance - Chf0.8825. Above is located Chf0.8875.

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