Euro Swiss Franc (EUR/CHF) - 11/02/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5997. EUR CHF is in a consolidation after the last bearish movement. EUR CHF is in a range between 1,5965 and 1,6040. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. The price should find a support above 1,5965. If the support is broken then the target will be 1,5850 (150 pips).
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances
1,6040 - 1,6100
Supports
1,5965 - 1,5940
updated 11 févr 2008 05:45 GMT +02:00

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