ISE FX Swiss Franc: rebound expected.

By IBTimes Staff Reporter | June 18 2010 9:50 AM

Update on supports and resistances.Resistance3 : 119Resistance2 : 117Resistance1 : 114.5Last Price : 111.05Pivot Point: 110Support1 : 110Support2 : 108Support3 : 105Pivot: 110Our preference: Long positions above 110 with targets @ 114.5 & 117 in extension.Alternative scenario: Below 110 look for further downside with 108 & 105 as targets.Comment: the pair is pulling back on its support, the RSI is mixed and calls for caution.119117114.5111.05 (last)110108105*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

Sponsorship Link

Euro Set For Another Week of Disappointing Data

Euro Set For Another Week of Disappointing Data

Eurozone Reports Increased Trade Surplus

Eurozone Reports Increased Trade Surplus

Eurozone GDP Puts Euro Under Pressure

Eurozone GDP Puts Euro Under Pressure

ZEW Results Weigh on Euro

ZEW Results Weigh on Euro

In Depth

McDonald's To Shrink Menu: Why Less Is More For The World's Largest Fast-Food Chain

For McDonald's Fast-Food Menu, Less Means More

Moore Tornado Meteorology: Not Unusually Strong, No Definitive Climate Change Link Yet

How Strong Was The Oklahoma Tornado, In Historical Terms?

Dog Rescued From Rubble: Oklahoma Tornado Survivor Barbara Garcia Finds Missing Dog During Live Interview

Oklahoma Tornado Survivor Finds Missing Dog During TV Interview

Oklahoma Tornado 2013: Photos And Footage Of The Twister's Devastation [PICTURES, VIDEO]

Photos And Footage Of Oklahoma Twister's Devastation

web counter