» USD/CHF - Dollar Swiss Franc, European Session - 03/03/08

USD/CHF - Dollar Swiss Franc, European Session - 03/03/08

1,0341. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The price should find a support above 1,0300.
Resistances
1,0360 - 1,0400
Supports
1,0330 - 1,0300

Source : USD CHF

This entry was posted on Monday, March 3rd, 2008 at 7:01 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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