Sell EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards

A descending movement downwards to the next support level at 0.8988 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.90414 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.90212 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.90414 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.90707
2nd High 0.90544
Next High 0.90414
Current Price 0.90362
Next Low 0.8988
2nd Low 0.89803
3rd Low

0.90414 – 0.90544 – 0.90382 – 0.8988 – 0.90215 – 0.90179 —
0.90386 – 0.90423 —
52.471562803926 – 61.6867860749 —
– —
0.90414 – 1773423000

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