EUR/CHF – 1H – SELLThe combination jumps from the ascending trendline downwards
The bearish trend down to the next support at 0.93809 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.95035 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.95659 |
| 2nd High | 0.95174 |
| Next High | 0.95035 |
| Current Price | 0.94965 |
| Next Low | 0.93809 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93064 |