Update on supports and resistances.

Resistance3 : 116
Resistance2 : 113
Resistance1 : 110
Last Price : 106.44
Pivot Point: 110
Support1 : 104
Support2 : 101.3
Support3 : 99

Pivot: 110

Our preference: Short positions below 110 with targets @ 104 & 101.3 in extension.

Alternative scenario: Above 110 look for further upside with 113 & 116 as targets.

Comment: the pair is on the downside and is challenging its support.

116
113
110
106.44 (last)
104
101.3
99



*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