EUR/CHF – 1H – SELLThe combination goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.93777 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.94123 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94378 |
| 2nd High | 0.94272 |
| Next High | 0.94123 |
| Current Price | 0.93918 |
| Next Low | 0.93777 |
| 2nd Low | 0.93668 |
| 3rd Low | 0.93444 |