Monday, April 20, 2009

The dollar / franc continues to be in demand

The dollar / franc continues its attempts to continue the upward movement, and, according to analysts of Commerzbank, said the technical picture in favor of maintaining the positive momentum. The bank noted that the pair is kept above the key level of support at Chf1.1335 and probably stronger to Chf1.1795 / Chf1.1860 shortly. Continued resistance, meanwhile, noted in Chf1.1970.

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