EUR/CHF – 1H – BUYThe currency pair moves from the descending trendline up.
A bullish movement upwards to the next resistance line at 0.94098 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.93668 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94272 |
| 2nd High | 0.94123 |
| Next High | 0.94098 |
| Current Price | 0.93822 |
| Next Low | 0.93668 |
| 2nd Low | 0.93444 |
| 3rd Low | 0.93416 |