EUR/CHF – 1H – BUYThe pair breaks through the descending trendline up.
An ascending movement up to the next resistance level at 0.94378 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.93646 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94787 |
| 2nd High | 0.94502 |
| Next High | 0.94378 |
| Current Price | 0.94109 |
| Next Low | 0.93646 |
| 2nd Low | 0.93416 |
| 3rd Low | 0.93330 |