Swiss Franc Technical Outlook

Published April 18th, 2008 - 05:57 GMT
Al Bawaba
Al Bawaba

The rally through 1.0249 confirms that the C wave we had suspected was underway is underway. 



The 100% extension of .9647-1.0249/.9871 at 1.0473 is an initial bullish objective.  Short term supports are at 1.0215, 1.0200 and 1.0157.