EUR/CHF - Euro Swiss Franc
Short term (Intraday)
1,5693. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. The price should find a support above 1,5650. If the support is broken then the target will be 1,5500. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,5720 - 1,5770
- Supports
- 1,5670 - 1,5660
updated 28 mars 2008 05:44 GMT +02:00
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