EUR/CHF – 1H – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.94016 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.94502 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94978 |
| 2nd High | 0.94787 |
| Next High | 0.94502 |
| Current Price | 0.93920 |
| Next Low | 0.94016 |
| 2nd Low | 0.93768 |
| 3rd Low | 0.93693 |