The pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards
The bearish trend down to the next support level at 0.92068 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.92306 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93108 |
| 2nd High | 0.92578 |
| Next High | 0.92306 |
| Current Price | 0.92315 |
| Next Low | 0.92068 |
| 2nd Low | 0.91789 |
| 3rd Low |
0.92306 – 0.92299 – 0.92301 – 0.92068 – 0.92209 – 0.92135 —
0.92117 – 0.92369 —
34.578683317439 – 68.034509618032 —
0.92068 – 1763456400 —
0.92306 – 1763418600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Symmetrical Triangle Chart Pattern – – – –