Euro Swiss Franc (EUR/CHF) - 13/02/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,6092. EUR CHF is in a consolidation after the last bullish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,6100 - 1,6115
Supports
1,6050 - 1,6025
updated 13 févr 2008 13:27 GMT +02:00

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