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08.08.2011 05:18

Techs on USD/CHF:

Resistance 3: Chf0.7800

Resistance 2: Chf0.7740/50
Resistance 1: Chf0.7630
Current price: Chf0.7537
Support 1: Chf0.7500
Support 2: Chf0.7440
Support 3: Chf0.7400

Comments: Dollar heads for support at channel line from Jul 08 at Chf0.7500 despite the speculations on possible intervention. Below losses may widen to channel line from Jul 22 at Chf0.7440. Resistance comes at  session highs on Chf0.7630, stronger one - at Chf0.7740/50 (Friday's high, also channel line from Jul 22). Further resistance comes at Chf0.7800 (Aug 04 high).

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