Euro Swiss Franc (EUR/CHF) - 12/02/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5995. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,5950. The consolidation should continue.
[arbitrage EUR USD/ USD CHF] : We expect similar (inverted) moves on EUR USD and USD CHF..

Resistances
1,6020 - 1,6040
Supports
1,5980 - 1,5950
updated 12 févr 2008 05:50 GMT +02:00

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