EUR/CHF – 30M – SELLThe combination Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.93826 is expected.
Caution: A possible change in the direction of the resistance line at 0.93994 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.93828572 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.93994 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94042 |
| 2nd High | 0.94021 |
| Next High | 0.93994 |
| Current Price | 0.93904 |
| Next Low | 0.93826 |
| 2nd Low | 0.93716 |
| 3rd Low | 0.93650 |