The combination Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.91547 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.91780 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92503 |
| 2nd High | 0.92375 |
| Next High | 0.91780 |
| Current Price | 0.91616 |
| Next Low | 0.91547 |
| 2nd Low | 0.91431 |
| 3rd Low | 0.91429 |
0.91780 – 0.91678 – 0.91775 – 0.91547 – 0.91431 – 0.91555 —
0.91780 – 0.91705 —
58.376026206244 – 51.083234893589 —
0.91780 – 1777899600 —
– 1777899600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –