EUR/CHF – 1H – SELLThe currency pair jumps from the ascending trendline down.
The bearish trend down to the next support line at 0.93501 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.93875 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94098 |
| 2nd High | 0.94060 |
| Next High | 0.93875 |
| Current Price | 0.93768 |
| Next Low | 0.93501 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |