Swiss Franc Technical Outlook

Published August 5th, 2009 - 06:25 GMT
Al Bawaba
Al Bawaba


Sticking with the USD bearish count, expectations over the next several weeks are for a thrust lower that ends below 1.0367.  Bears are favored against 1.0939 and 1.0037 is a potential target (100% extension of 1.2303-1.0367).  1.0738 is potential resistance.