EUR/CHF - Euro Swiss Franc, European Session - 29/09/09

By @ibtimes on

1,5108. 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 price should find a resistance below 1,5120 (12 pips). The downtrend should continue to gather momentum.

Resistances
1,5120 - 1,5140
Supports
1,5100 - 1,5075

tags: Forex, eurchf
author: Arnaud Jeulin
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