EUR/CHF - Euro Swiss Franc, American Session - 26/03/08
1,5712. EUR CHF is in a consolidation after the last bullish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5775. The uptrend seems to be finished.
- Resistances
- 1,5720 - 1,5775
- Supports
- 1,5675 - 1,5600
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