Swiss Franc Technical Outlook

Published March 4th, 2008 - 06:33 GMT
Al Bawaba
Al Bawaba



A drop below 1.0307 would complete 5 waves down from 1.1033.  This completes wave 3 within the 5 wave bear cycle from 1.1105.  A shallow 4th wave correction is then expected.  Resistance should be strong near 1.0420.