March Swiss franc futures a buying opportunity on more price strength
See on the daily bar chart for the March Swiss franc futures that prices are in a four-week-old uptrend and have just hit a fresh contract high. The bulls have the solid near-term technical advantage. A move above chart resistance at Tuesday’s high of 1.1311 would become a buying opportunity in the “Swissy.” The upside price objective would be 1.1650, or above. Technical support, for which to place a protective sell stop just below, is located at 1.1150.
