1,6376. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.
[arbitrage EUR USD/ USD CHF] : We expect similar (inverted) moves on EUR USD and USD CHF..
1,6390 - 1,6420
1,6360 - 1,6325