EUR/CHF – 1H – SELLThe currency pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.92045 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.93440 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93697 |
| 2nd High | 0.93653 |
| Next High | 0.93440 |
| Current Price | 0.93082 |
| Next Low | 0.92045 |
| 2nd Low | |
| 3rd Low |