1,4741. EUR CHF broke 1,4700 resistance. EUR CHF is in a consolidation after the last bullish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CHF. The consolidation should continue. The price should continue to move in 1,4600 / 1,4800 range.
- 1,4760 - 1,4840
- 1,4700 - 1,4590