EUR/CHF – 1H – SELLThe combination Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.93424 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.93933 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.93506202 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.93933 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.93999 |
| Next High | 0.93933 |
| Current Price | 0.93629 |
| Next Low | 0.93424 |
| 2nd Low | 0.93390 |
| 3rd Low | 0.93320 |