EUR/CHF – 1H – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.93646 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94378 could occur.
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 | 0.94054 |
| Next Low | 0.93646 |
| 2nd Low | 0.93416 |
| 3rd Low | 0.93330 |