Euro Swiss Franc (EUR/CHF) - 15/02/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,6074. EUR CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a support above 1,6050. If the support is broken then the target will be 1,6000.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..

Resistances
1,6100 - 1,6120
Supports
1,6050 - 1,6000
updated 15 févr 2008 05:47 GMT +02:00

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