FXstreet.com (Barcelona) - The Dollar declined on Friday after three days of gains, according to Cornelius Luca, economist at Global Forex Trading: Dollar/Swiss fell on Friday after three consecutive days of gains after failing to surpass the 100-day moving average. Monday should see only consolidation.
Support and Resistance, according to Luca, stand as follows: Immediate support is seen at 1.0395. Below 1.0375 there is support at 1.0310. Distant support follows at 1.0215. Initial resistance is pegged at 1.0460. A break above 1.0533 would signal a spike up to 1.0622, but this unlikely today.