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USD/CHF - Dollar Swiss Franc, European Session - 03/07/09

03 Jul, 2009 @ 01:49 am ET | written by Mataf


1,0861. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 1,0710 / 1,0900 range.
Resistances
1,0910 - 1,1000
Supports
1,0785 - 1,0710

tags: Forex, usdchf
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.

For more forex information, go to www.mataf.net

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