The combination Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at is considered certain.
Caution: A possible change in the direction of the resistance line at 0.9227 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout 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.
There is also a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92343 |
| 2nd High | 0.92281 |
| Next High | 0.9227 |
| Current Price | 0.92110 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.9227 – 0.92253 – 0.9218 – 0.92094 – 0.91948 – 0.92095 —
0.92163 – 0.92133 —
47.473775903365 – 45.620044595357 —
– —
0.9227 – 1781483400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down – – – – – – – – –