USD/CHF: comment.
2010-03-10 12:31 |
USD/CHF: comment.
After capping at 1.0794 in European opening time, the pair started declining to break through 1.0760 support level. Dollar has so far reached its day’s minimum against Swiss franc at 1.0728.
We think that further slump to the 1.0700 area is quite possible.
If the pair declines, support levels will be situated at 1.0724, 1.0698 and 1.0671. If it increases, resistance levels will be at 1.0740, 1.0767 and 1.0794.
Chart. H1 USD/CHF
Market news and analytics — FBS
www.fbs.comLast News
2010-09-06 09:28 - UBS: euro rose to 3-week maximum versus dollar
2010-09-06 08:47 - Citigroup: yuan will rise to 6.7 per dollar by the year end
2010-09-06 08:16 - Mizuho: USD/JPY will decline
2010-09-06 07:47 - Commerzbank: risk sentiment will define franc's rate
2010-09-06 07:03 - RBA will keep rated unchanged tomorrow
2010-09-06 05:54 - Capital Management: AUD/USD may rise to 0.94
2010-09-06 08:47 - Citigroup: yuan will rise to 6.7 per dollar by the year end
2010-09-06 08:16 - Mizuho: USD/JPY will decline
2010-09-06 07:47 - Commerzbank: risk sentiment will define franc's rate
2010-09-06 07:03 - RBA will keep rated unchanged tomorrow
2010-09-06 05:54 - Capital Management: AUD/USD may rise to 0.94
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