1,5983. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The downtrend should continue to gather momentum. The price should find a support above 1,5950.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..
1,6000 - 1,6040 - 1,5970 - 1,5950
1,5970 - 1,5900