EUR/CHF – 1H – SELLThe combination Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.92555 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.93021 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.92721852 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.93021 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93262 |
| 2nd High | 0.93222 |
| Next High | 0.93021 |
| Current Price | 0.92799 |
| Next Low | 0.92555 |
| 2nd Low | 0.92045 |
| 3rd Low |