1,4956. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 1,4940 support. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The price should find a support above 1,4940 (16 pips). If the support is broken then the target will be 1,4750 (206 pips).
We are waiting for a break of the support to take a short position.
1,5010 - 1,5040
1,4940 - 1,4820