1,6137. EUR CHF is in a consolidation after the last bullish movement. EUR CHF is in a range between 1,6020 and 1,6175. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue.
[arbitrage EUR USD/ USD CHF] : We expect similar (inverted) moves on EUR USD and USD CHF..
1,6140 - 1,6175
1,6120 - 1,6100