USD/CHF - Dollar Swiss Franc
Short term (Intraday)
0,9942. There is an horizontal range between 0,9900 and 0,9960. Support and resistance are given by Bollinger bands. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. If the support is broken then the target will be 0,9800.
Resistances
0,9965 - 0,9990
Supports
0,9930 - 0,9890
Long term chart
USD/CHF - Dollar Swiss Franc
updated 01 avr 2008 05:53 GMT
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Monday, March 31, 2008
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