Tuesday, April 8, 2008

USD/CHF - Dollar Swiss Franc
Short term (Intraday)
1,0138. USD CHF is in a range between 1,0070 and 1,0165. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Oscillators are neutral. The price should continue to move in 1,0070 / 1,0165 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0165 - 1,0220
Supports
1,0120 - 1,0070
Long term chart
USD/CHF - Dollar Swiss Franc

updated 09 avr 2008 05:55 GMT


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