EUR/CHF – 1H – BUYThe currency pair breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 0.94378 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.93764 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94787 |
| 2nd High | 0.94502 |
| Next High | 0.94378 |
| Current Price | 0.93869 |
| Next Low | 0.93764 |
| 2nd Low | 0.93675 |
| 3rd Low | 0.93416 |