EUR/CHF – 1H – BUYThe combination goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.94217 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.93824 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94434 |
| 2nd High | 0.94333 |
| Next High | 0.94217 |
| Current Price | 0.93990 |
| Next Low | 0.93824 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93064 |