Swiss Franc Technical Outlook

Published April 8th, 2008 - 04:07 GMT
Al Bawaba
Al Bawaba

The bullish count that we are tracking places a low in wave ii in the form of an expanded flat at 1.0012. 



Bullish potential is great as long as price is above this level.  A rally through 1.0249 would confirm that either a 3rd wave or C wave is underway within the bullish cycle from .9647.  Objectives would be at 1.0473 and 1.0844.