EUR/CHF – 30M – SELLThe combination Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline down.
A bearish movement down to the next support at 0.92852 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.93222 could occur.
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 is certain. Target of the current trend is 0.92852 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.93222 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93298 |
| 2nd High | 0.93262 |
| Next High | 0.93222 |
| Current Price | 0.92916 |
| Next Low | 0.92852 |
| 2nd Low | 0.92768 |
| 3rd Low | 0.92696 |