EUR/CHF – 30M – SELLThe currency pair goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.93768 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.94502 could occur.
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 considered certain. Target of the current trend is 0.94011316 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.94502 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94799 |
| 2nd High | 0.94787 |
| Next High | 0.94502 |
| Current Price | 0.94126 |
| Next Low | 0.93768 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93279 |