EUR/CHF – 1H – SELLThe pair moves from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.93501 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93895 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94098 |
| 2nd High | 0.94060 |
| Next High | 0.93895 |
| Current Price | 0.93711 |
| Next Low | 0.93501 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |