Dollar Swiss Franc (USD/CHF) - 28/04/2008 - Archive

USD/CHF - Dollar Swiss Franc

USD/CHF - Dollar Swiss Franc

Short term (Intraday)

1,0353. USD CHF is in a consolidation after the last bullish movement. USD CHF is in a range between 1,0300 and 1,0430. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0360 - 1,0420
Supports
1,0300 - 1,0250
updated 28 avr 2008 13:15 GMT +02:00

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