EUR/CHF – 1H – SELLThe pair moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.93693 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.94078 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94434 |
| 2nd High | 0.94333 |
| Next High | 0.94078 |
| Current Price | 0.93925 |
| Next Low | 0.93693 |
| 2nd Low | 0.93064 |
| 3rd Low | 0.92854 |