The currency pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.
A continuation of the downward movement down to the next support at 0.91447 will persist.
Caution: A possible change in the direction of the resistance line at 0.9156 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9178 |
| 2nd High | 0.91756 |
| Next High | 0.9156 |
| Current Price | 0.91477 |
| Next Low | 0.91447 |
| 2nd Low | 0.91364 |
| 3rd Low | 0.91168 |
0.9156 – 0.91756 – 0.91654 – 0.91447 – 0.91364 – 0.91451 —
0.91571 – 0.91534 —
56.399385959954 – 51.860758907831 —
– —
0.9156 – 1778142600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –