» EUR/CHF - Euro Swiss Franc, European Session - 03/03/08

EUR/CHF - Euro Swiss Franc, European Session - 03/03/08

1,5739. 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, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The downtrend should continue to gather momentum. The target is expected at 1,5600.
Resistances
1,5800 - 1,5860
Supports
1,5715 - 1,5680

Source : EUR CHF

This entry was posted on Monday, March 3rd, 2008 at 6:44 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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