Sell EUR/CHF – 1H – SELL

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

A bearish descent down to the next support at 0.91948 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.92343 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.92072 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.92343 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.92628
2nd High 0.92503
Next High 0.92343
Current Price 0.92166
Next Low 0.91948
2nd Low 0.91918
3rd Low 0.91801

0.92343 – 0.92046 – 0.91974 – 0.91948 – 0.92079 – 0.91918 —
0.92180 – 0.92243 —
53.420973612538 – 64.41540870228 —
– —
0.92343 – 1781128800

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