The combination Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.93424 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.93933 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94423 |
2nd High | 0.93999 |
Next High | 0.93933 |
Current Price | 0.93574 |
Next Low | 0.93424 |
2nd Low | 0.93390 |
3rd Low | 0.93320 |