Sell EUR/CHF – 1H – SELL

The combination Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 0.91332 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.91572 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.9178
2nd High 0.91756
Next High 0.91572
Current Price 0.91511
Next Low 0.91332
2nd Low 0.91168
3rd Low 0.9086

0.91572 – 0.91756 – 0.91676 – 0.91332 – 0.91364 – 0.91451 —
0.91535 – 0.91572 —
47.977709696317 – 53.973089831727 —
– —
0.91572 – 1778166000

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