1,6273. EUR CHF is in an uptrend supported by 1H exponential moving averages. EUR CHF is in a consolidation after the last bullish movement. The price is just above 1,6265 support. The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The price should find a support above 1,6265. The consolidation should continue. If the support is broken then the target will be 1,6220. We won't take a position. The risk/reward ratio is too high to take a position..
1,6300 - 1,6350
1,6265 - 1,6220