EUR/CHF - Euro Swiss Franc, European Session - 13/05/08
1,6230. 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 is low. Oscillators are neutral. The consolidation should continue. We won’t take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,6230 - 1,6270
- Supports
- 1,6190 - 1,6150
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