EUR/CHF – 30M – BUYThe combination Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.92887 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93245 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.930645 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93245 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93298 |
| 2nd High | 0.93255 |
| Next High | 0.93245 |
| Current Price | 0.93018 |
| Next Low | 0.92887 |
| 2nd Low | 0.92884 |
| 3rd Low | 0.92768 |