Swiss Franc Technical Outlook

Published March 3rd, 2008 - 08:29 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.