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 Australia |
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 Canada |
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 EMU |
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 England |
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 US |
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Technical Analysis Reports
EUR/CHF - Euro Swiss Franc, American Session - 01/12/08
01 Dec, 2008 @ 05:44 am EST
1,5289. EUR CHF broke the uptrend to begin a bearish movement. 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 1,5260 (29 pips). The price should consolidate. If the support is broken then the target will be 1,5150 (139 pips). We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,5315 - 1,5380
- Supports
- 1,5260 - 1,5150
Comments
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01/09/2009
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