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EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,6054. EUR CHF is in a consolidation after the last bearish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The consolidation should continue. The price should find a support above 1,6030. If the support is broken then the target will be 1,5900.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances
1,6006 - 1,6080
Supports
1,6030 - 1,6015
updated 07 févr 2008 05:41 GMT +02:00

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