Sell EUR/CHF – 1H – SELL

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

A bearish movement down to the next support line at 0.93059 will continue.

Caution: A possible change in the direction of the resistance level at 0.93492 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.9308326 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.93492 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.9367
2nd High 0.93558
Next High 0.93492
Current Price 0.93187
Next Low 0.93059
2nd Low 0.92957
3rd Low 0.92766

0.93492 – 0.93181 – 0.93257 – 0.93059 – 0.92957 – 0.92971 —
0.93209 – 0.93240 —
48.855665638921 – 54.812401210203 —
– —
0.93492 – 1768388400

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