ISE FX Swiss Franc: continuation of the rebound.

  on

Update on supports and resistances.

Resistance3 : 112.75
Resistance2 : 110.25
Resistance1 : 108
Last Price : 105.4
Pivot Point: 101.25
Support1 : 101.25
Support2 : 99.5
Support3 : 97.3

Pivot: 101.25

Our preference: Long positions above 101.25 with targets @ 108 & 110.25 in extension.

Alternative scenario: Below 101.25 look for further downside with 99.5 & 97.3 as targets.

Comment: the RSI advocates for further advance.

112.75
110.25
108
105.4 (last)
101.25
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

Join the Discussion