The pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards
A bearish descent downwards to the next support line at is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.92343 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92628 |
| 2nd High | 0.92503 |
| Next High | 0.92343 |
| Current Price | 0.92109 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.92343 – 0.92046 – 0.91974 – 0.91948 – 0.92079 – 0.91918 —
0.92042 – 0.92180 —
36.481241395165 – 53.420974447978 —
– —
0.92343 – 1781128800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –