Sell EUR/CHF – 1H – SELL

The pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.9105 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.91323 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Tweezers Top’ chart pattern is discovered. The chart forms ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.9149
2nd High 0.91414
Next High 0.91323
Current Price 0.91229
Next Low 0.9105
2nd Low 0.90606
3rd Low

0.91323 – 0.91414 – 0.9149 – 0.9105 – 0.91243 – 0.91209 —
0.91279 – 0.91255 —
56.679777634809 – 53.186879639355 —
– —
0.91323 – 1772024400

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