SearchSwiss Franc looking to move better.25th April 2006 The Swiss Franc is trading steadily at around 1.2690,but looks like the US Dollar holders could soon abandon this level as too expensive to hold. Yesterday we saw a test again at the 1.2650 level but a failure to move below this level leaves traders very much in limbo. If we do see a move below this support level then we would likely see a 100 pip drop to test the Swiss Franc high on 23 January 2006 at 1.2550. That should provide good support, but any break below would have forex traders looking for 1.2430 as the next support level on the way to testing the early September 2005 USD/CHF low of 1.2236.It would need sustained trade above 1.2760 with a European session close above 1.2810 to get the US Dollar bulls back in control. 
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