The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.91572 is expected.
Caution: A possible change in the direction of the support zone at 0.91443 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.91447888 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.91572 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9178 |
| 2nd High | 0.91756 |
| Next High | 0.91572 |
| Current Price | 0.91534 |
| Next Low | 0.91443 |
| 2nd Low | 0.91364 |
| 3rd Low | 0.91168 |
0.91572 – 0.9156 – 0.91756 – 0.91443 – 0.91447 – 0.91364 —
0.91544 – 0.91480 —
51.169542152353 – 39.563209633407 —
– —
0.91572 – 1778166000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –