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Monday, May 21, 2012

^ USD/CHF technical report classic 5.21

May 21, 2012 06: 07 GMT
Daily_Classical_USDCHF_body_usd.png, USD/CHF Classical Technical Report 05.21
USD / CHF: Overall structure remains very constructive and we continue to project further upside in the coming months above parity. For now, the last break and close above 0.9335 is expected to accelerate gains for a retest of the annual summits by 0.9600, while all are active intraday should be very well supported 0.9200 before. In end, only back under 0.9000 would deny the prospects and give reason for pause.

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