Sell EUR/CHF – 30M – SELL

The pair Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline down.

The bearish trend down to the next support at 0.92822 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.92961 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Southern Doji’ candlestick chart pattern is existing. The chart shows ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93253
2nd High 0.93108
Next High 0.92961
Current Price 0.92893
Next Low 0.92822
2nd Low 0.92544
3rd Low 0.92068

0.92961 – 0.92954 – 0.92693 – 0.92822 – 0.92859 – 0.92544 —
0.92986 – 0.93036 —
65.496729733455 – 55.400667508077 —
– —
0.92961 – 1763600400

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