Monday, February 23, 2009

The dollar / franc. Technical view. Foreign Exchange Market

23:02:09

At the auction on Friday afternoon Breaks steam rising support is broken, thus the figure of "ascending wedge", and today continued its downward movement. The immediate support levels are Chf1.1465 (55-day moving average) and Chf1.1306/15 (correction of 38.2% from Chf1.0370-1.1884). Signal to turn the current dauntrenda will return back into the "wedge".

RES 3 Chf1.1887 - a maximum of 20 February
RES 2 Chf1.1827 - a maximum of 18 February
RES 1 Chf1.1703 - a minimum of 19 February
Current Level: Chf1.1485
SUP 1 Chf1.1465 - a minimum of 20 February
SUP 2 Chf1.1401 - minimum of 3 February
SUP 3 Chf1.1315 - a minimum of 27 January



Source: Forexpf.Ru - Stock Market and Forex

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