EUR/CHF - Euro Swiss Franc, American Session - 10/03/08

By IBTimes Staff Reporter | March 10 2008 10:10 AM

1,5690. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,5600.

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Resistances: 1,5720 - 1,5770
Supports: 1,5680 - 1,5600

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