The pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.92234 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.92357 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Then a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.
Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92653 |
| 2nd High | 0.92628 |
| Next High | 0.92357 |
| Current Price | 0.92266 |
| Next Low | 0.92234 |
| 2nd Low | 0.92169 |
| 3rd Low | 0.92143 |
0.92357 – 0.92351 – 0.92315 – 0.92234 – 0.92169 – 0.92143 —
0.92297 – 0.92316 —
54.498057452816 – 55.822614664523 —
– —
0.92357 – 1776371400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Rising Wedge Chart Pattern – – – – – – – –