ISE FX Swiss Franc ST: continuation of the rebound.

 @ibtimes
on February 04 2009 11:34 PM

R3 : 122.5R2 : 119.05R1 : 117L : 114.92P: 111.8S1 : 111.8S2 : 108.4S3 : 105Update on supports and resistances.Pivot: 111.8Our preference: Long positions above 111.8 with targets @ 117 & 119.05 in extension.Alternative scenario: Below 111.8 look for further downside with 108.4 & 105 as targets.Comment: the pair should rebound on its bullish channel lower boundary.122.5119.05117114.92 (last)111.8108.4105

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