Sell EUR/CHF – 30M – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline down.

A bearish movement downwards to the next support level at 0.93543 is certain.

Caution: A possible change in the direction of resistance at 0.93717 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a indicator signal is existing. The indicator shows ”. which could be a negative chart signal. The pair is likely to go down.

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Next a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93954
2nd High 0.93725
Next High 0.93717
Current Price 0.93888
Next Low 0.93543
2nd Low 0.93525
3rd Low 0.93489

0.93717 – 0.93714 – 0.93598 – 0.93543 – 0.93525 – 0.93489 —
0.93879 – 0.93915 —
70.367925946112 – 71.42088426694 —
– —
0.93717 – 1765155600

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