25 august, 11:35USD/CHF. Forex technical analysis
Today at the Asian session the current rate has twice tested level of resistance 1.1010/30 which and has not been break that specifies in insufficient force of bulls. We will remind that the auctions pass in frameworks of a price range 1.0840-1.1030 the third week. Sliding averages 34 and 144 are the nearest levels of support 1.0970 and 1.0950, in case of a release from which bying of the American dollar can renew. Histogram MACD is in a positive zone, but specifies in continuation of correction after prompt growth dollar/franc at the auctions on Friday.
In spite of the fact that bulls did not manage to break strong level 1.1030, in short-term prospect reference points on bying on given currency pair remain, but at present in the absence of accurate signals it is better to refrain from new orders opening.
Resistance levels: 1.1000/10 1.1050/60, 1.1100, 1.1140, 1.1170, 1.1200
Current price: 1.0996
Support levels: 1.0980 1.0960/50, 1.0910/00, 1.0880, 1.0850 1.0830/00