Update on supports and resistances.

Resistance3 : 108
Resistance2 : 106
Resistance1 : 104.4
Last Price : 100.62
Pivot Point: 104.4
Support1 : 99
Support2 : 97.3
Support3 : 95.4

Pivot: 104.4

Our preference: Short positions below 104.4 with targets @ 99 & 97.3 in extension.

Alternative scenario: Above 104.4 look for further upside with 106 & 108 as targets.

Comment: the pair remains on the downside and is breaking below its support (previous low).

108
106
104.4
100.62 (last)
99
97.3
95.4



*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