The combination Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline up.
A bullish trend upwards to the next resistance line at 0.93196 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.93018 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Current target is 0.93056092 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.93196 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93278 |
| 2nd High | 0.93238 |
| Next High | 0.93196 |
| Current Price | 0.93073 |
| Next Low | 0.93018 |
| 2nd Low | 0.92932 |
| 3rd Low | 0.92912 |
0.93196 – 0.9319 – 0.93186 – 0.93018 – 0.93097 – 0.93106 —
0.93149 – 0.93075 —
46.821522709564 – 37.792218694765 —
– —
0.93196 – 1767934800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –