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updated analysis since 17 h

EUR/CHF - Euro Swiss Franc
Short term (Intraday)
1,6171. EUR CHF is in an downtrend directed by 15min exponential moving averages. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,6100 / 1,6150. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,6175 - 1,6200
- Supports
- 1,6150 - 1,6100
- Long term chart
- EUR/CHF - Euro Swiss Franc
updated 09 mai 2008 05:47 GMT
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