1,6595. EUR CHF is in an downtrend directed by 1hr 72EMA. The volatility is low. My trend incicators are in a bearish configuration. 1hr Double timeframed Stochastic indicate a bearish pressure on EUR CHF. The price should find a resistance below 1,6610. The downtrend should continue to gather momentum. The target is expected at 1,6550.
Resistances
1,6610 - 1,6640
Supports
1,6570 - 1,6550
EUR/CHF 11.8 Analysis
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