Euro Swiss Franc (EUR/CHF) - 03/03/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5739. 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, 4H, 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 1,5600.

Resistances
1,5800 - 1,5860
Supports
1,5715 - 1,5680
updated 03 mars 2008 05:44 GMT +02:00

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