Market news
24.01.2011, 17:01

Techs on USD/CHF

Resistance 3: Chf0.9765/85         
Resistance 2: Chf0.9670

Resistance 1: Chf0.9620                

Current price: Chf0.9489
Support 1: Chf0.9480
Support 2: Chf0.9420
Support 3: Chf0.9300

Comments: Dollar continues to decline and currently probes key support at Chf0.9480 (23.6% of Chf1.0070 - Chf0.9300). Below support comes at Chf0.9420 witj a break under will open the way to Dec 31 lows on Chf0.9300. Daily highs on Chf0.9620 are minor resistance with stronger is at Chf0.9670 (channel line from June).

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