Forex: USD/CHF intraday low

 @ibtimes
on August 19 2009 7:17 AM

FXstreet.com (Barcelona) - The markets have turned wild in the last couple of hours. Swissy moved down over 150 points, recording intra day low at 1.0620. CCI on the 60 minutes chart rings an alarm bell of oversold condition as that could be a first sign of reversal. Supports are seen at 1.0620, 1.0600 and 1.0560 while the resistances are 1.0726 and 1.0787.

Cable picks up momentum recapturing Today's early loss. Reisistances are seen at 1.6600 1.6666, and then 1.6716.

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