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EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5441. EUR CHF broke 1,5620 support. EUR CHF is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are deviated. 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 1,5000. The price should find a support above 1,5300.

Resistances
1,5510 - 1,5575
Supports
1,5400 - 1,5330
updated 17 mars 2008 05:53 GMT +02:00

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