Short term (Intraday)
1,5111. EUR CHF is in a consolidation after the last bullish movement. EUR CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CHF. The price should find a resistance below 1,5155 (44 pips). The consolidation should continue. If the resistance is broken then the target will be 1,5350 (239 pips). We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,5155 - 1,5220
Supports
1,5065 - 1,5000