The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.92766 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.93022 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. 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 | 0.92996 |
| Next Low | 0.92766 |
| 2nd Low | 0.92754 |
| 3rd Low | 0.92697 |
0.93022 – 0.92931 – 0.9306 – 0.92766 – 0.92754 – 0.92697 —
0.92996 – 0.93004 —
61.012407312659 – 58.944856237664 —
– —
0.93022 – 1767727800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –