Forex

The current rate bargains the second week within the limits of a price range 1.0900-1.1010. Histogram MACD has practically reached zero marks and submits signals of possible growth of the American dollar in relation to the Swiss franc.

It is necessary to notice that in short-term prospect at traders reference points on bying given currency pair remain, but in the circumstances it is better to refrain from opening of new orders and as acknowledgement of the bull moods to wait breakdown resistance level 1.1000/10. In that case the further possible purposes of bulls will be located on 1.1050 and 1.1080/1.1100. More distant possible purpose - 1.1140/50.

Resistance levels: 1.0960, 1.0980 1.1000/10, 1.1050/60, 1.1100, 1.1140, 1.1170, 1.1200

Current price: 1.0971

Support levels: 1.0950, 1.0920, 1.0900, 1.0880, 1.0850 1.0830/00, 1.0775, 1.0725, 1.0700