Swiss Franc Technical Outlook

Published April 2nd, 2008 - 07:26 GMT
Al Bawaba
Al Bawaba

Expectations are for the rally from .9647 to eventually reach the 1.0730-1.1121 zone. 



Also like the EURUSD, the rally from .9647 is probably a series of 1st and 2nd waves.  Under this count, the rally from .9868 is wave iii of 3 of A.  The structure is very bullish as long as price is above .9871