EUR/CHF – 30M – BUYThe pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.93843 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.94186 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.94006 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.94186 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94398 |
| 2nd High | 0.94193 |
| Next High | 0.94186 |
| Current Price | 0.93911 |
| Next Low | 0.93843 |
| 2nd Low | 0.93837 |
| 3rd Low | 0.93826 |