1,5230. EUR CHF is in a consolidation after the last bearish movement. There is an horizontal range between 1,5200 and 1,5250. Support and resistance are given by Bollinger bands. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. If the support breaks then the target will be 1,5150 (80 pips).
- 1,5250 - 1,5290
- 1,5200 - 1,5150