Short term (Intraday)
1,0309. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,0230 / 1,0350 range. If the support is broken then the target will be 1,0000. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,0320 - 1,0350
- Supports
- 1,0300 - 1,0230
- Long term chart
- USD/CHF - Dollar Swiss Franc
updated 23 mai 2008 05:59 GMT
Niciun comentariu:
Trimiteți un comentariu