Monday, September 21, 2009

Barclays Capital sees the possibility of upward correction of the dollar / franc

The dollar / franc while moving in a downward short-term trend, however, as analysts say Barclays Capital, this week is possible corrective growth of couples. The bank believes that while the dollar / franc remain below resistance at the 1.0370 level, possibly unsustainable decline to 1.0210. However, if the pair still manage to overcome this resistance, the correction may continue to the level of 1.05, from which the bank will sell in the calculation of the reduction to parity. At the moment pair dollar / franc traded at 1.0348.

No comments: