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USD/CHF: technical analysis.


2010-03-09 11:14 | Send to e-mail Send to facebook Send to twitter Send to Livejornal Send to Google Reader Send to Yandex Send to Yahoo bookmarks RSS analytics from the FBS company Print

USD/CHF: technical analysis.

Dollar rose versus the Swiss franc from yesterday's minimum of 1.0674 going above support level of 1.0740 and got close to 55-period moving average. American currency reached its maximum of 3 days above 1.0790 winning more than 100 pips.

Dollar may rise up to consolidation in broad range between 1.0645 and 1.0898. The last pair’s high of 1.0897 was observed on February 19.

On the upside, resistance levels observed at 1.0808, 1.0828 and 1.0898.

On the downside, support levels are at 1.0724, 1.0673 and 1.0645.

h1 usdchf 16-12

Chart. H1 USD/CHF

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