1,6213. EUR CHF is in a consolidation after the last bearish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,6230. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,6230 - 1,6255
1,6200 - 1,6165