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USD/CHF

By:

Finotec

21-12-2007

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The hourly trend is bearish

The target is 1.1500 at previous support level.

Technical oscillators that supporting the bearish tendency are:

MACD moving averages after a bearish cross above the zero line.

RSI stand on 37.38% and the trend pointing down to over sold area.

The price chart crossing th Moving averages of 20 and 50 daysdownwards.

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Finotec
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no

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