The pair Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline down.
A bearish movement down to the next support line at 0.93833 will persist.
Caution: A possible change in the direction of the resistance zone at 0.94128 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94190 |
| 2nd High | 0.94182 |
| Next High | 0.94128 |
| Current Price | 0.94072 |
| Next Low | 0.93833 |
| 2nd Low | 0.93594 |
| 3rd Low | 0.93540 |
0.94128 – 0.94182 – 0.94132 – 0.93833 – 0.93594 – 0.93854