Technicals

USD/CHF - Dollar Swiss Franc, American Session - 06/10/08 USD/CHF - Dollar Swiss Franc, European Session - 06/10/08 Chart of the Day - 10/03/2008 - USD/CHF More USD/CHF

FXstreet.com (Barcelona) - The Swissy has rallied against the Dollar today, according to Tony Juste, FX advisor at FXstreet.com, due to the best combination of technical elements: "Today we probably had one of the best combinations of technical elements in the Swissy, when the MA's confirmed the long trigger around 1.0930. At that time, the unit was trading above the upper line of the intraday uptrend channel, signaling strong momentum. The MA's cross was just the extra confirmation needed to go with it, targeting the projected line of the channel @ 1.0960-65." From now on, according to Juste, levels stand as follows: "Extreme OB levels have moved up now to 1.0973, but so far so good with the trigger and the technical combination."