EUR/CHF – 30M – SELLThe pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.92912 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.93022 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93157 |
| 2nd High | 0.9306 |
| Next High | 0.93022 |
| Current Price | 0.92994 |
| Next Low | 0.92912 |
| 2nd Low | 0.92766 |
| 3rd Low | 0.92754 |
0.93022 – 0.92931 – 0.9306 – 0.92912 – 0.92766 – 0.92754 —
0.92984 – 0.93044 —
51.194790636692 – 62.889001695514 —
– —
0.93022 – 1767727800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Double top retreat up – – – – – – – –