Swiss Franc Technical Outlook

Published August 8th, 2008 - 06:47 GMT
Al Bawaba
Al Bawaba


Different pair…same story.  The bigger picture analysis has been correct but the short term analysis has been way off.  We view the advance from 1.0010 as wave C of 4 (like the EURUSD…but as the inverse).  A measured objective is at 1.0986 (C=A).