1,5092. 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 1,5075 and 1,5125. The volatility is high. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. If the support breaks then the target will be 1,5010 (82 pips).
Resistances
1,5125 - 1,5150
Supports
1,5075 - 1,5010

tags: Forex, eurchf
author: Arnaud Jeulin
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