The USD/CHF pair fell again during the Friday session as the Dollar was sold off in general. The pair looks set to fall down to the 0.91 level as support. The pair looks bullish overall for us, but the last couple of session have been very bearish. The close at the very bottom of the range for Friday suggests that we are going down for a little while longer. However, the Swiss are far too exposed to the European Union to buy it, looking for the 0.91 to offer support in this pair.

USD/CHF

USD/CHF Forecast March 19, 2012, Technical Analysis

USD/CHF Pivot Points (Time Frame: 1 Day)

 Name  S3  S2  S1  Pivot  R1  R2  R3

 Classic
0.9141
0.9146
0.9151
0.9156
0.9161
0.9166
0.9171

 Fibonacci
0.9146
0.9149
0.9152
0.9156
0.9159
0.9162
0.9166

 Camarilla
0.9154
0.9155
0.9156
0.9156
0.9157
0.9158
0.9159

 Woodie's
-
0.9146
0.9152
0.9156
0.9162
0.9166
-

 DeMark's
-
-
0.9163
0.9157
0.9153
-
-