1,5640. EUR CHF is in an downtrend directed by 4H exponential moving averages. The price is just bellow 1,5700 resistance. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,5700. The downtrend should resume. The target is expected at 1,5500.
1,5700 - 1,5800
1,5600 - 1,5500