EUR/CHF – 1H – SELL

The combination Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 0.92384 is likely expected.

Caution: A possible change in the direction of resistance at 0.93000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.93000 – 0.92958 – 0.92838 – 0.92384 – 0.92293 – 0.92323

Download EUR/CHF Signal Image

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows