1,5997. EUR CHF is in a consolidation after the last bearish movement. EUR CHF is in a range between 1,5965 and 1,6040. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. The price should find a support above 1,5965. If the support is broken then the target will be 1,5850 (150 pips).
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..
1,6040 - 1,6100
1,5965 - 1,5940