Swiss franc : Technology shows a strong indication △△(10month26day)

Focus:
•Supported by the prospect of Swiss franc interest rate hike
•Low interest currency rebounds
•Risk factors may provide support for the Swiss franc
•10Tianhe25MAThere will be a positive crossover

Swiss National Bank Vice President Hildebrand said on Thursday that if the weakness of the Swiss franc threatens the inflation outlook, the central bank may tighten monetary policy, but will not mechanically respond to changes in the inflation outlook. He believes that the Swiss economy remains strong, although uncertainty has increased and the credit crisis may have a negative impact on the economy. Hildebrand said,Real economic data indicates that economic growth has not lost momentum and reaffirms the central bank's support for the Swiss economy2007The estimated annual growth rate is close to2.5%Hildebrand's argument coincides with that of the President of the Swiss National Bank, Hess; Last week, He Si stated that if the weakness of the Swiss franc could push up inflation, the central bank would not hesitate to raise interest rates.

As seen in the chart indicators,10The moving average of the balance has broken through25Balance moving average,MACDPositive signals have also emerged, and the short-term upward outlook for the Swiss franc remains optimistic. The current key support is50Balance moving average1.1850Level, near support expected in25Balance moving average1.1750As long as it does not fall within this zone during the correction phase, the Swiss franc is expected to maintain its current strong trend. But10month1The daily high has been touched1.1610Level, expected to be a closer target at present, if it can be broken through1.16The significant resistance shown on the chart at the checkpoint will be50Under the orbit of Baoli Jia channel for a month1.1465During this period1.15The checkpoint can also indicate an important psychological checkpoint.

(Analysis provided by Zongheng Huihai Research Department | www.MW801.com )