» USD/CHF - Dollar Swiss Franc, European Session - 13/05/08

USD/CHF - Dollar Swiss Franc, European Session - 13/05/08

1,0458. USD CHF is in a range between 1,0400 and 1,0500. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0465 - 1,0505
Supports
1,0400 - 1,0350

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This entry was posted on Tuesday, May 13th, 2008 at 8:00 and is filed under Uncategorized. 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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