The pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.917 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.9181 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92321 |
| 2nd High | 0.92053 |
| Next High | 0.9181 |
| Current Price | 0.91704 |
| Next Low | 0.917 |
| 2nd Low | 0.91587 |
| 3rd Low | 0.91516 |
0.9181 – 0.92053 – 0.92321 – 0.917 – 0.91587 – 0.91625 —
0.91886 – 0.91820 —
62.678590355183 – 49.617852517904 —
– —
0.9181 – 1776769200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –