Euro Swiss Franc (EUR/CHF) - 04/03/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5826. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H,4H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,5800 / 1,5860 range. If the support is broken then the target will be 1,5700 (125 pips).

Resistances
1,5840 - 1,5860
Supports
1,5800 - 1,5700
updated 04 mars 2008 05:41 GMT +02:00

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