Update on supports and resistances.

Resistance3 : 108
Resistance2 : 106
Resistance1 : 104.4
Last Price : 100.69
Pivot Point: 104.4
Support1 : 100.3
Support2 : 99
Support3 : 97.3

Pivot: 104.4

Our preference: Short positions below 104.4 with targets @ 100.3 & 99 in extension.

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

Comment: the pair has struck against its resistance and should face a weakness as the RSI is capped by a declining trend line.

108
106
104.4
100.69 (last)
100.3
99
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