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Thread: Usd/chf

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    Default Usd/chf

    The dollar against the SWISS Frank dropped down yesterday in the first session to hit the major support level at 1.1990s to reverse back towards the upside to close at the end in a bearish pattern. Hence, the pair is expected to make some projection movements towards the upside today.

    The trading range for today will be between the key resistance at 1.2120 and the key support at 1.2020.

    The general trend is down as far as 1.2540 remains intact, targets at 1.1875 and 1.1665.

    buying USD/CHF above 1.2030 with a target at 1.2100, stop loss below 1.1980.

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    Daily Pivot Points Summary

    USDCHF 1.2068 1.1992 1.2064 1.1939 1.1965 1.2015 1.2041 1.2090 1.2117 1.2166 10:00 GMT

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    4 Hours Pivot Points Summary

    USDCHF 1.2051 1.2014 1.2020 1.1969 1.1991 1.2006 1.2028 1.2043 1.2065 1.2080 10:00 GMT

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    Hourly Pivot Points Summary

    USDCHF 1.2033 1.2014 1.2020 1.1992 1.2003 1.2012 1.2022 1.2031 1.2041 1.2050 10:00 GMT

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    Default

    July 12, 2007 $/CHF
    Resistance Level (High) 1.2071
    Support Level (Low) 1.2004

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