1,4691. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,4700 (9 pips). The downtrend should continue to gather momentum.
1,4700 - 1,4730
1,4590 - 1,4500