Euro Swiss Franc (EUR/CHF) - 06/05/2008 - Archive

EUR/CHF - Euro Swiss Franc

EUR/CHF - Euro Swiss Franc

Short term (Intraday)

1,6312. EUR CHF is in an uptrend supported by 1H exponential moving averages. EUR CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,6290. The uptrend should continue to gather momentum. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,6330 - 1,6350
Supports
1,6290 - 1,6265
updated 06 mai 2008 05:45 GMT +02:00

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