EUR/CHF – 30M – SELLThe pair goes from the ascending trendline downwards
A bearish movement downwards to the next support line at 0.93609 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.93999 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.93609 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.93999 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94608 |
| 2nd High | 0.94423 |
| Next High | 0.93999 |
| Current Price | 0.93772 |
| Next Low | 0.93609 |
| 2nd Low | 0.93547 |
| 3rd Low | 0.93484 |