USD/CHF - Dollar Swiss Franc, European Session - 28/02/08
1,0627. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 1,0550 support.
- Resistances
- 1,0665 - 1,0725
- Supports
- 1,0610 - 1,0550
Source : USD CHF
This entry was posted on Thursday, February 28th, 2008 at 6:45 and is filed under USD 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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