1,5658. 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 decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The price should find a resistance below 1,5690. The downtrend should continue to gather momentum.
1,5665 - 1,5690
1,5620 - 1,5590