Global Forex Trading Ltd - Dollar/Swiss continued to trade one day up and one day down, and Wednesday was a massive down day. The pair sank to a new record low, but nobody in Washington cares. The pair remains oversold, so some brief pullback is likely. Initial resistance comes at 1.0885. The next levels are 1.0945 and 1.0990. Distant resistance is now seen at 1.1135. Immediate support comes at 1.0812. This is followed by 1.0760.
Join the Discussion