EUR/CHF – 1H – SELLThe combination goes from the ascending trendline downwards
A descending movement downwards to the next support level at 0.93064 is certain.
Caution: A possible change in the direction of the resistance level at 0.93769 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.93300708 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.93769 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93919 |
| 2nd High | 0.93796 |
| Next High | 0.93769 |
| Current Price | 0.93420 |
| Next Low | 0.93064 |
| 2nd Low | 0.92854 |
| 3rd Low | 0.92100 |