1,6010. EUR CHF is in an downtrend directed by 1H exponential moving averages. EUR CHF is in a consolidation after the last bearish movement. EUR CHF is in a range between 1,5955 and 1,6070. The volatility is high. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,6070. The downtrend should continue to gather momentum.
[arbitrage EUR USD/ USD CHF] : We expect a bearish pressure on EUR USD and USD CHF..
1,6030 - 1,6070
1,5980 - 1,5955