Dollar Swiss Franc (USD/CHF) - 07/05/2008 - Archive

USD/CHF - Dollar Swiss Franc

USD/CHF - Dollar Swiss Franc

Short term (Intraday)

1,0524. USD CHF is in an uptrend supported by 4H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,0600. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0540 - 1,0600
Supports
1,0500 - 1,0455
updated 07 mai 2008 05:52 GMT +02:00

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