Tech on USD/CHF

Market news

30 May 2011

Tech on USD/CHF

Resistance 3: Chf0.8700 (50.0 % FIBO Chf0.8890-Chf0.8490)

Resistance 2: Chf0.8650 (38.2 % FIBO Chf0.8890-Chf0.8490)

Resistance 1: Chf0.8550 (the top border of the down channel)

Current price: Chf0.8520

Support 1: Chf0.8490 (session low)

Support 2: Chf0.8400 (psychological mark)

Support 3: Chf0.8300 (psychological mark)

Comments: the pair bargains in the field of a historical low. The nearest support - Chf0,8490. Below loss may extend to Chf0.8400. The nearest resistance Chf0.8550. Above is located Chf0.8650.

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