1,6220. EUR CHF is in a range between 1,6150 and 1,6240. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 1,6275 (55 pips). We won't take a position. The risk/reward ratio is too high to take a position..
1,6240 - 1,6275
1,6205 - 1,6150