EUR/CHF – 30M – SELLThe currency pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.92859 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93193 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93549 |
| 2nd High | 0.93418 |
| Next High | 0.93193 |
| Current Price | 0.93049 |
| Next Low | 0.92859 |
| 2nd Low | 0.92755 |
| 3rd Low | 0.92717 |