1,6199. 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 is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CHF. The consolidation should continue. The price should find a resistance below 1,6200. If the resistance is broken then the target will be 1,6330.
1,6200 - 1,6240
1,6160 - 1,6090