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Technicals

USD/CHF - Dollar Swiss Franc, European Session - 04/07/08

03 Jul, 2008 @ 11:08 pm EST
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1,0255. USD CHF is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,0200 / 1,0300 range. We won't take a position.
Resistances
1,0280 - 1,0330
Supports
1,0220 - 1,0110

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