The combination Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.93432 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.93262 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93501 |
| 2nd High | 0.93486 |
| Next High | 0.93432 |
| Current Price | 0.93593 |
| Next Low | 0.93262 |
| 2nd Low | 0.93165 |
| 3rd Low | 0.93118 |
0.93432 – 0.93486 – 0.93442 – 0.93262 – 0.93265 – 0.93165 —
0.93522 – 0.93580 —
71.47855814521 – 67.459269930827 —
– —
0.93432 – 1764752400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –