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2010-02-12

Swiss Franc: Continuation Of The Rebound

Resistance3: 112.75
Resistance2: 110.25
Resistance1: 108
Last: 107.8
Pivot: 104
Support1: 104
Support2: 101.25
Support3: 99.5
Pivot: 104

Our preference: Long positions above 104 with targets @ 108 & 110.25 in extension.

Alternative scenario: Below 104 look for further downside with 101.25 & 99.5 as targets.

Comment: the RSI advocates for further advance.

112.75
110.25
108
107.8 (last)
104
101.25
99.5

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