Dollar Swiss Franc (USD/CHF) - 29/04/2008 - Archive

USD/CHF - Dollar Swiss Franc

USD/CHF - Dollar Swiss Franc

Short term (Intraday)

1,0341. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,0300 / 1,0430 range. If the support is broken then the target will be 1,0130. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0370 - 1,0430
Supports
1,0330 - 1,0300
updated 29 avr 2008 05:58 GMT +02:00