Market news
01.08.2011, 05:32

Techs on USD/CHF

Resistance 2: Chf0.8100   
Resistance 2: Chf0.8080   

Resistance 1: Chf0.7950   

Current price: Chf0.7920

Support 1: Chf0.7900
Support 2: Chf0.7850

Support 3: Chf0.7730


Comments: Dollar is under pressure again, heading for initial support at Chf0.7900. Below losses may extend to record lows on Chf0.7850. Below here downside target comes at channel line from Jul 08 at Chf0.7730. Resistance comes at Chf0.7950 (Asian high). Next resistance is around Chf0.8080 and Chf0.8100  (38.2% of decline from Chf0.8520).

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