EUR/CHF – 30M – SELLThe combination moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.93768 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.94787 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94978 |
| 2nd High | 0.94799 |
| Next High | 0.94787 |
| Current Price | 0.93917 |
| Next Low | 0.93768 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93279 |