The currency pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.92094 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.9227 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92343 |
| 2nd High | 0.92281 |
| Next High | 0.9227 |
| Current Price | 0.92057 |
| Next Low | 0.92094 |
| 2nd Low | 0.91948 |
| 3rd Low | 0.91918 |
0.9227 – 0.92253 – 0.9218 – 0.92094 – 0.91948 – 0.92095 —
0.92136 – 0.92161 —
42.526196405171 – 54.379543179535 —
– —
0.9227 – 1781483400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Two Crows – – – – – – – – –