The combination Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline downwards
A bearish trend downwards to the next support at 0.93059 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.93191 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93558 |
| 2nd High | 0.93492 |
| Next High | 0.93191 |
| Current Price | 0.93138 |
| Next Low | 0.93059 |
| 2nd Low | 0.92957 |
| 3rd Low | 0.92932 |
0.93191 – 0.93492 – 0.93285 – 0.93059 – 0.93078 – 0.92957 —
0.93239 – 0.93184 —
59.926684785197 – 52.153000111168 —
– —
0.93191 – 1768433400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –