The combination Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline downwards
A bearish movement downwards to the next support line at 0.92713 will continue.
Caution: A possible change in the direction of the resistance level at 0.92864 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
There is also a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93072 |
| 2nd High | 0.93003 |
| Next High | 0.92864 |
| Current Price | 0.92775 |
| Next Low | 0.92713 |
| 2nd Low | 0.92574 |
| 3rd Low | 0.92536 |
0.92864 – 0.92839 – 0.93003 – 0.92713 – 0.92716 – 0.92727 —
0.92837 – 0.92828 —
41.290680553143 – 53.601899814685 —
0.92713 – 1769160600 —
0.92864 – 1769155200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –