1,5065. 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 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CHF. The price should find a resistance below 1,5090 (25 pips). The downtrend should continue on 1,5040 support (25 pips).
Resistances
1,5090 - 1,5130
Supports
1,5055 - 1,5040

tags: Forex, eurchf
author: Arnaud Jeulin
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