USD/CHF - Dollar Swiss Franc
Short term (Intraday)
1,0116. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0135 - 1,0200
Supports
1,0075 - 1,0000
Long term chart
USD/CHF - Dollar Swiss Franc

updated 04 avr 2008 06:08 GMT


.