Tech on USD/CHF

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17 May 2011

Tech on USD/CHF

Resistance 3: Chf0.9000 (Apr 19 high, 38,2 % FIBO Chf0,9780-Chf8550)

Resistance 2: Chf0.8940 (resistance line from Feb 11)

Resistance 1: Chf0.8860 (session high)

Current price: Chf0.8850

Support 1: Chf0.8840 (session low)

Support 2: Chf0.8800 (May 13-16 low)

Support 3: Chf0.8780 (May 11 low)

Comments: the pair bargains in a narrow range. The nearest resistance - Chf0.8960. Above is located Chf0.8940. The nearest support - Chf0,8840. Below loss may extend to Chf0.8800.

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