Trade Alerts, Trend Reports and Opinions by FX Options
Swiss Franc: the upside prevails.
March 5, 2010 at 6:52 am • Posted in Daily Trend Report
Swiss Franc
| Pivot: 105 |
| Our Scenario: Long positions above 105 with targets @ 110.25 & 112.75 in extension. |
| Alternative Scenario: Below 105 look for further downside with 101.25 & 99.5 as targets. |
| Comment: the pair is rebounding on its intermediary support and remains on the upside. |
| Option Strategy |
| Option ST |
1 |
| Delta ST |
0 |
| opinion MT |
0 |
| Delta MT |
0 |
| Chart Levels |
| Resistance1 |
110.25 |
| Resistance2 |
112.75 |
| Resistance3 |
116 |
| Support1 |
105 |
| Support2 |
101.25 |
| Support3 |
99.5 |
