Wednesday, March 17, 2010

The dollar / franc. Bulls do not lose hope

The dollar / franc yesterday successfully made his way below Chf1.0580, while subsequent attempts to return to above were unsuccessful, and today the couple continued to gradually decline. So far, she managed to find support in the form of bidov placed in the range Chf1.0515/00, and dealers noted that the proximity of support in the area of the figure gives bulls some hope. Nevertheless, sentiment remains very positive, and attempts to rise above the dollar continue to attract fresh interest in buying, while the market rumors about a rather large feet of Chf1.0495/90. Dealers warned that the figure will fall below the signal of the potential for movement to a key support in the initial testing Chf1.0430/20 bidov near Chf1.0475 and Chf1.0460/50, but the ability of couples to demonstrate the stabilization of the above can Chf1.05 encourage the bulls to attempt a counter-offensive. The dollar / franc currently holds around Chf1.0535; Offer visible in the area Chf1.0545/55 and about Chf1.0480, and to improve short-term prospects, bulls need to go above the last resistance.

No comments: