The pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.91808 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.91537 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.91722388 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.91808 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9183 |
| 2nd High | 0.91809 |
| Next High | 0.91808 |
| Current Price | 0.91656 |
| Next Low | 0.91537 |
| 2nd Low | 0.91442 |
| 3rd Low | 0.91434 |
0.91808 – 0.91729 – 0.91808 – 0.91537 – 0.91442 – 0.91584 —
0.91749 – 0.91659 —
51.610546134654 – 45.487285148271 —
– —
0.91808 – 1770373800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –