Update on supports and resistances.

Resistance3 : 116
Resistance2 : 113
Resistance1 : 110
Last Price : 106.71
Pivot Point: 105.8
Support1 : 105.8
Support2 : 103.7
Support3 : 101.3

Pivot: 105.8

Our preference: Long positions above 105.8 with targets @ 110 & 113 in extension.

Alternative scenario: Below 105.8 look for further downside with 103.7 & 101.3 as targets.

Comment: the pair is pulling back on its support before a new up move.

116
113
110
106.71 (last)
105.8
103.7
101.3



*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