EUR/CHF – 1H – SELLThe pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.93463 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.93886 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.93999 |
| Next High | 0.93886 |
| Current Price | 0.93691 |
| Next Low | 0.93463 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |