Euro Swiss Franc (EUR/CHF) - 12/03/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5825. EUR CHF is in a consolidation after the last bullish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5850/80. The consolidation should continue.

Resistances
1,5850 - 1,5880
Supports
1,5805 - 1,5750
updated 12 mars 2008 05:34 GMT +02:00

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