The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.90179 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.90707 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90768 |
| 2nd High | 0.90717 |
| Next High | 0.90707 |
| Current Price | 0.90491 |
| Next Low | 0.90179 |
| 2nd Low | 0.9006 |
| 3rd Low | 0.89803 |
0.90382 – 0.90279 – 0.90391 – 0.90179 – 0.9006 – 0.90087 —
0.90441 – 0.90526 —
69.082974961719 – 70.273012140068 —
– —
0.90382 – 1773315000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –