There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.90544 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90717 |
| 2nd High | 0.90707 |
| Next High | 0.90544 |
| Current Price | 0.90308 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.90544 – 0.90382 – 0.90279 – 0.90179 – 0.9006 – 0.90087 —
0.90295 – 0.90335 —
24.371761456323 – 45.314213476277 —
– —
0.90544 – 1773379800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Rising Wedge Chart Pattern – – – – – – – –