The pair Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline down.
A bearish trend down to the next support at 0.93262 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.93953 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘StochRSI Hidden Bearish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Hidden Bearish Divergence’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94045 |
| 2nd High | 0.93954 |
| Next High | 0.93953 |
| Current Price | 0.93405 |
| Next Low | 0.93262 |
| 2nd Low | 0.93118 |
| 3rd Low | 0.92753 |
0.93953 – 0.93486 – 0.93501 – 0.93262 – 0.93118 – 0.92753 —
0.93889 – 0.93582 —
56.032051118797 – 45.7311181651 —
– —
0.93953 – 1765209600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –