The pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at is considered certain.
Caution: A possible change in the direction of resistance at 0.9183 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
Also there is a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92171 |
| 2nd High | 0.91945 |
| Next High | 0.9183 |
| Current Price | 0.91706 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.9183 – 0.91752 – 0.91945 – 0.91584 – 0.91669 – 0.91485 —
0.91719 – 0.91741 —
55.379997178787 – 56.27709886458 —
– —
0.9183 – 1770199200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two Crows – Double top retreat up – – – – – – – –