EUR/CHF – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.93330 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.93731 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.93403 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.93731 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94024 |
| 2nd High | 0.93760 |
| Next High | 0.93731 |
| Current Price | 0.93377 |
| Next Low | 0.93330 |
| 2nd Low | 0.93279 |
| 3rd Low | 0.93064 |