• Tech on USD/CHF

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31 May 2011

Tech on USD/CHF

Resistance 3: Chf0.8680            (50.0% FIBO Chf0.8890-Chf0.8465)
Resistance 2: Chf0.8630            (38.2% FIBO Chf0.8890-Chf0.8465)
Resistance 1: Chf0.8540 (session top)
Current price: Chf0.8492
Support 1: Chf0.8465 (session base)
Support 2: Chf0.8400 (psychological mark)
Support 3: Chf0.8300 (psychological mark)

Comments: the pair remains under pressure and trades near its historical low. The nearest support - Chf0.8465. Below loss may widen to Chf0.8400. The nearest resistance Chf0.8540. ahead of Chf0.8650.

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