Swiss Franc Technical Outlook

Published March 19th, 2009 - 06:40 GMT
Al Bawaba
Al Bawaba

Watch for USDCHF support from Fibonacci all the way down to 1.0925.  The decline from 1.1973 is wave C of a flat (an extremely violent flat at that) that should lead to formation of a secondary low (primary low was 1.0367) in the next few weeks.