The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline downwards
The bearish trend down to the next support at will continue.
Caution: A possible counter-trend in the direction of resistance at 0.91851 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92321 |
| 2nd High | 0.92053 |
| Next High | 0.91851 |
| Current Price | 0.91851 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.91851 – 0.91741 – 0.9181 – 0.91598 – 0.91587 – 0.9162 —
0.91867 – 0.91872 —
64.506052229966 – 61.206819506778 —
– —
0.91851 – 1776871800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – – – – – – – – –