EUR/CHF – 1H – SELLThe combination goes from the ascending trendline down.
A descent down to the next support at 0.93484 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.94178 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94378 |
| 2nd High | 0.94272 |
| Next High | 0.94178 |
| Current Price | 0.93948 |
| Next Low | 0.93484 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |