EUR/CHF – 1H – SELLThe pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at is certain.
Caution: A possible change in the direction of the resistance zone at 0.93022 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
Moreover a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93157 |
| 2nd High | 0.9306 |
| Next High | 0.93022 |
| Current Price | 0.93036 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.93022 – 0.9306 – 0.93157 – 0.92766 – 0.92697 – 0.92974 —
0.92964 – 0.92976 —
55.62906995608 – 55.514549980558 —
– —
0.93022 – 1767726000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Double bottom chart pattern – – – – – – – –