Swiss Franc Technical Outlook

Published May 1st, 2008 - 06:58 GMT
Al Bawaba
Al Bawaba

The USDCHF is testing 1.0473; which is where the rally from .9871 would equal the .9647-1.0249 rally. 



The EURUSD bearish break in what is probably a 3rd wave favors the larger 4th wave scenario for the USDCHF (up to 1.10/1.12).