1,6140. EUR CHF is in a consolidation after the last bullish movement. EUR CHF is in a range between 1,6050 and 1,6175. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CHF. The consolidation should continue. The price should find a resistance below 1,6190.
[arbitrage EUR USD/ USD CHF] : We expect similar (inverted) moves on EUR USD and USD CHF..
1,6175 - 1,6190
1,6135 - 1,6050