The pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.
A continuation of the downtrend down to the next support level at will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.93072 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.
Next a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93492 |
| 2nd High | 0.93281 |
| Next High | 0.93072 |
| Current Price | 0.92775 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.93072 – 0.92912 – 0.92972 – 0.92723 – 0.92574 – 0.92536 —
0.92833 – 0.92842 —
54.054976992598 – 54.683408281665 —
– —
0.93072 – 1769029200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –