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Swiss Franc Technical Outlook

Tuesday, 08 April 2008 12:07:49 GMT

Written by Jamie Saettele, Currency Analyst

The bullish count that we are tracking places a low in wave ii in the form of an expanded flat at 1.0012. 

Bullish potential is great as long as price is above this level.  A rally through 1.0249 would confirm that either a 3rd wave or C wave is underway within the bullish cycle from .9647.  Objectives would be at 1.0473 and 1.0844. 

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