EUR/CHF - Euro Swiss Franc
Short term (Intraday)
1,5850. 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 is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5870. The downtrend should continue to gather momentum. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,5860 - 1,5875
- Supports
- 1,5810 - 1,5770
updated 06 mars 2008 05:39 GMT +02:00
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