EUR/CHF – 30M – BUYThe currency pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.93418 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.92967 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93879 |
| 2nd High | 0.93549 |
| Next High | 0.93418 |
| Current Price | 0.93357 |
| Next Low | 0.92967 |
| 2nd Low | 0.92859 |
| 3rd Low | 0.92755 |