March Swiss franc futures a buying opportunity on more price strength.
See on the daily bar chart for the March Swiss franc futures, traded at the Chicago Mercantile Exchange, that prices are in an uptrend and on Friday hit a fresh 10-month high. The “Swissy” bulls have gained solid upside technical momentum just recently to suggest still more price gains in the near term. A move above chart resistance at the December high of 1.1026 would become a fresh buying opportunity. The upside price objective would be 1.1350, or above. Technical support, for which to place a protective sell stop just below, is located at 1.0900.
