Swiss Franc Technical Outlook

Published February 25th, 2009 - 08:46 GMT
Al Bawaba
Al Bawaba


Expectations are for the USDCHF to decline to at least 1.13.  This is where the ending diagonal began, which are usually fully retraced.  Short term, 1.1700/20 is resistance (former support and 61.8% of decline from 1.1891).