The currency pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.91602 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.91808 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9183 |
| 2nd High | 0.91809 |
| Next High | 0.91808 |
| Current Price | 0.91733 |
| Next Low | 0.91602 |
| 2nd Low | 0.91537 |
| 3rd Low | 0.91442 |
0.91808 – 0.91729 – 0.91808 – 0.91602 – 0.91537 – 0.91442 —
0.91654 – 0.91789 —
45.204735905786 – 65.160741840227 —
– —
0.91808 – 1770373800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Double bottom retreat down – – – – – – – –