Resistance3 : 110.5 Resistance2 : 108 Resistance1 : 106 Last Price : 104.98 Pivot Point: 102 Support1 : 102 Support2 : 99.5 Support3 : 97.3
Our preference: Long positions above 102 with targets @ 106 & 108 in extension.
Alternative scenario: Below 102 look for further downside with 99.5 & 97.3 as targets.
Comment: the pair has broken above its ST bearish channel upper boundary and is approaching its resistance.
110.5 108 106 104.98 (last) 102 99.5 97.3
*USD/CHF Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the SWISS FRANC. For details go to www.ise.com
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