EUR/CHF – 1H – SELLThe combination goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.93463 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.93886 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.93999 |
| Next High | 0.93886 |
| Current Price | 0.93689 |
| Next Low | 0.93463 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |