Dollar/franc. A technical sight

Dollar ssha / the SWISS franc has suddenly broken today above a line of a trend of the descending channel which top border since September, 7th limited the ascending potential of pair. Course break above 5 and 10-day sliding averages also assumes possibility of the termination of a descending trend. Resistance is noted now about level Chf1.1826 (level Fibonachchi, the previous maximum and 21-day sliding average). RES 4: Chf1.1950/53 restoration of 61.8 % from decrease Chf1.2152-Chf1.1624, 55-day sliding average RES 3: Chf1.1922 a maximum on September, 14th RES 2: Chf1.1888 restoration of 61.8 % from decrease Chf1.2152-Chf1.1624 RES 1: Chf1.1826 restoration of 61.8 % from decrease Chf1.2152-Chf1.1624, a maximum on September, 20th, 21-day sliding average The current price: Chf1.1751 SUP 1: Chf1.1717/02 10, 5 - day sliding averages, 1 %-s envelope sliding average SUP 2: Chf1.1624 a minimum on October, 1st SUP 3: Chf1.1603 2 %-s envelope sliding average SUP 4: Chf1.1484 a minimum of March 2005 Forexpf. Ru - Forex News / news Forex