Trade Alerts, Trend Reports and Opinions by FX Options
Swiss Franc: the upside prevails.
March 12, 2010 at 6:48 am • Posted in Daily Trend Report
Swiss Franc
| Pivot: 105 |
| Our Scenario: Long positions above 105 with targets @ 108.75 & 110.25 in extension. |
| Alternative Scenario: Below 105 look for further downside with 101.25 & 99.5 as targets. |
| Comment: the pair has struck against its resistance and is pulling back on its support ahead of a rebound. |
| Option Strategy |
| Option ST |
1 |
| Delta ST |
0 |
| opinion MT |
0 |
| Delta MT |
0 |
| Chart Levels |
| Resistance1 |
108.75 |
| Resistance2 |
110.25 |
| Resistance3 |
112.75 |
| Support1 |
105 |
| Support2 |
101.25 |
| Support3 |
99.5 |
