» USD/CHF - Dollar Swiss Franc, American Session - 28/02/08

USD/CHF - Dollar Swiss Franc, American Session - 28/02/08

1,0606. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 1,0500 (105 pips) support.
Resistances
1,0615 - 1,0645
Supports
1,0575 - 1,0515

Source : USD CHF

This entry was posted on Thursday, February 28th, 2008 at 14:56 and is filed under USD CHF. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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