ISE FX Swiss Franc: continuation of the rebound.

 @ibtimes
on February 08 2010 9:20 AM

Update on supports and resistances.Resistance3 : 112.75Resistance2 : 110.25Resistance1 : 108Last Price : 107.17Pivot Point: 104Support1 : 104Support2 : 101.25Support3 : 99.5Pivot: 104Our preference: Long positions above 104 with targets @ 108 & 110.25 in extension.Alternative scenario: Below 104 look for further downside with 101.25 & 99.5 as targets.Comment: the RSI advocates for further advance.112.75110.25108107.17 (last)104101.2599.5*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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