Euro Swiss Franc (EUR/CHF) - 06/02/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,6076. EUR CHF is in a range between 1,6020 and 1,6200. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,6020.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances
1,6125 - 1,6200
Supports
1,6070 - 1,6020
updated 06 févr 2008 05:41 GMT +02:00

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