Euro Swiss Franc (EUR/CHF) - 26/03/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,5750. EUR CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,5775. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,5775 - 1,5810
Supports
1,5705 - 1,5675
updated 26 mars 2008 05:46 GMT +02:00

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