September Swiss Franc Futures a Selling Opportunity on More Price Weakness
See on the daily bar chart for the September Swiss franc futures that prices are in a downtrend and have just hit a five-month low. The bears have downside technical momentum. A move in prices below chart support at Friday’s low of 1.1054 would become a selling opportunity. The downside price objective would be 1.0875, or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.1140.
