June Swiss franc futures a buying opportunity on more price strength.
See on the daily bar chart for the June Swiss franc futures that prices are in a six-week-old uptrend and last Friday hit a contract high. The bulls have the solid near-term technical advantage. A move above chart resistance at the contract high of 1.1443 would become a buying opportunity. The upside price objective would be 1.1700, or above. Technical support, for which to place a protective sell stop just below, is located at 1.1325.
