The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.93506 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.93639 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93999 |
2nd High | 0.93933 |
Next High | 0.93639 |
Current Price | 0.93577 |
Next Low | 0.93506 |
2nd Low | 0.93424 |
3rd Low | 0.93390 |