1,5145. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. There is an horizontal range between 1,5130 and 1,5150. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5160 (15 pips). The downtrend should continue to gather momentum.
- 1,5155 - 1,5185
- 1,5125 - 1,5080