Euro Swiss Franc (EUR/CHF) - 29/02/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5956. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The downtrend should continue to gather momentum. The target is expected at 1,5850 (100 pips).

Resistances
1,5985 - 1,6000
Supports
1,5930 - 1,5850
updated 29 févr 2008 05:45 GMT +02:00

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