EUR/CHF – 1H – BUYThe currency pair breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.93886 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.93463 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.93999 |
| Next High | 0.93886 |
| Current Price | 0.93835 |
| Next Low | 0.93463 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |