Dollar Swiss Franc (USD/CHF) - 08/05/2008 - Archive

USD/CHF - Dollar Swiss Franc

USD/CHF - Dollar Swiss Franc

Short term (Intraday)

1,0589. 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 parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should find a resistance below 1,0600. If the resistance is broken then the target will be 1,0900 (310 pips).

Resistances
1,0600 - 1,0620
Supports
1,0560 - 1,0540
updated 08 mai 2008 05:47 GMT +02:00