EUR/CHF – 30M – SELLThe currency pair moves from the ascending trendline down.
A bearish movement downwards to the next support line at 0.93950 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.94272 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94378 |
| 2nd High | 0.94287 |
| Next High | 0.94272 |
| Current Price | 0.93982 |
| Next Low | 0.93950 |
| 2nd Low | 0.93668 |
| 3rd Low | 0.93444 |