And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The combination Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.9245 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.92563 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92784 |
| 2nd High | 0.92592 |
| Next High | 0.92563 |
| Current Price | 0.92515 |
| Next Low | 0.9245 |
| 2nd Low | 0.9239 |
| 3rd Low | 0.92207 |
0.92563 – 0.92562 – 0.92592 – 0.9245 – 0.9239 – 0.92207 —
0.92523 – 0.92535 —
51.59342030766 – 55.062079330812 —
– —
0.92563 – 1784230200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Symmetrical Triangle Chart Pattern – – – – – – – –