EUR/CHF – 1H – BUYThe pair breaks through the descending trendline up.
An ascent up to the next resistance at 0.94177 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.93891 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94502 |
| 2nd High | 0.94378 |
| Next High | 0.94177 |
| Current Price | 0.94154 |
| Next Low | 0.93891 |
| 2nd Low | 0.93646 |
| 3rd Low | 0.93416 |