Swiss Franc Technical Outlook

Published May 4th, 2009 - 07:26 GMT
Al Bawaba
Al Bawaba


The USDCHF decline is also likely to extend. 1.0925 is the 61.8% of the advance from 1.0367 and potential support. Staying below 1.1606 keeps the pair on a path lower. Short term resistance is at 1.1450/75.