EUR/CHF - Euro Swiss Franc, Asian Session - 28/02/08
1,5977. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The price should find a support above 1,5960. If the support is broken then the target will be 1,5850 (125 pips).
- Resistances
- 1,6010 - 1,6040
- Supports
- 1,5960 - 1,5950
Source : EUR CHF
This entry was posted on Thursday, February 28th, 2008 at 22:47 and is filed under EUR CHF. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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