Market news
24.03.2011, 08:24

Techs on USD/CHF

Resistance 3: Chf0.9250                
Resistance 2: Chf0.9200

Resistance 1: Chf0.9120               
Current price: Chf0.9108
Support 1: Chf0.9040                
Support 2: Chf0.8980
Support 3: Chf0.8920                
Comments: Dollar tested resistance at Chf0.9120 (23.6% Fibo Chf0.9770 - Chf0.8920), but failed to break above and retreated a bit. Above the resistance is around Chf0.9200 (Mar 02 lows). Stronger level at Chf0.9250 (50,0%). Support is near Chf0.9040 (Wednesday's local highs). Stronger level is around yesterday's lows on Chf0.8975/80. Key support comes at Chf0.8920 (record low).

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