Dollar Swiss Franc (USD/CHF) - 09/05/2008 - Archive

USD/CHF - Dollar Swiss Franc

USD/CHF - Dollar Swiss Franc

Short term (Intraday)

1,0484. USD CHF is in an uptrend supported by 4H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. USD CHF is in a range between 1,0470 and 1,0600. The volatility is high. Bollinger bands are parallel and form the trend. Oscillators are neutral. The consolidation should continue. If the support is broken then the target will be 1,0300. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0530 - 1,0600
Supports
1,0470 - 1,0430
updated 09 mai 2008 06:03 GMT +02:00

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