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EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5977. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The price should find a support above 1,5960. If the support is broken then the target will be 1,5850 (125 pips).

Resistances
1,6010 - 1,6040
Supports
1,5960 - 1,5950
updated 28 févr 2008 21:47 GMT +02:00

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