The pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards
A bearish descent down to the next support at 0.91948 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.92343 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.92072 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.92343 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92628 |
| 2nd High | 0.92503 |
| Next High | 0.92343 |
| Current Price | 0.92166 |
| Next Low | 0.91948 |
| 2nd Low | 0.91918 |
| 3rd Low | 0.91801 |
0.92343 – 0.92046 – 0.91974 – 0.91948 – 0.92079 – 0.91918 —
0.92180 – 0.92243 —
53.420973612538 – 64.41540870228 —
– —
0.92343 – 1781128800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –