DOLLAR OF THE USA
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Dollar/franc. A technical sight
Rost steams above Chf1.1600 on Thursday it has appeared short-term, and today it was possible to observe correction more low therefore though and in the conditions of chaotic trade, the dollar/franc has managed to update annual minima. Closing more low Chf1.1505 will be key event for acceleration of rates of the further decrease.
RES 4: Chf1.1726 21-day sliding average
RES 3: Chf1.1672 a maximum on October, 29th and 30
RES 2: Chf1.1648 10-day sliding average
RES 1: Chf1.1591 5-day sliding average
Current rate: Chf1.1536
SUP 1: Chf1.1485 minima of March 2005
SUP 2: Chf1.1415 a two-percentage envelope of sliding average value
SUP 3: Chf1.1293 minima of December 2004
SUP 4: Chf1.1121 minima of April 1995
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