Swiss Franc Technical Outlook

Published July 29th, 2009 - 07:02 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 1.0959 and 1.0037 is a potential target (100% extension of 1.2303-1.0367).