EUR/CHF – 1H – SELLThe pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at is likely expected.
Caution: A possible change in the direction of resistance at 0.9354 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94045 |
| 2nd High | 0.93954 |
| Next High | 0.9354 |
| Current Price | 0.93449 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.9354 – 0.93414 – 0.93954 – 0.93138 – 0.93184 – 0.93535 — 56.760571084168 – 54.170338147637 — 24.509393097929 – 25.864218761979 – 13.511600237374 – 21.538948420673
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Symmetrical Triangle Chart Pattern – –