The currency pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.90498 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90717 |
| 2nd High | 0.90707 |
| Next High | 0.90498 |
| Current Price | 0.90351 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.90498 – 0.90469 – 0.90707 – 0.9021 – 0.89803 – 0.89831 —
0.90388 – 0.90407 —
52.426408556215 – 54.647949732717 —
– —
0.90498 – 1773176400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –