USDCHF: very close to parity - 12:45 (CET)

By IBTimes Staff Reporter | September 22 2009 8:20 AM

The pair has been on a downwards range for a long time (in blue). After many news, the price decided to break and the Swiss franc started to climb.The next significant level is 1.0169 francs per dollar. Before reaching that level, the price should retrace a bit, as the RSI mark oversold.

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S3:1.0178 S2:1.0234 S1:1.0277 Pivot Point:1.0333 R1:1.0376 R2:1.0432 R3:1.0475

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