The pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.93064 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.93697 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.93424 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.93697 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93999 |
2nd High | 0.93933 |
Next High | 0.93697 |
Current Price | 0.93069 |
Next Low | 0.93064 |
2nd Low | |
3rd Low |