EUR/CHF – 1H – SELLThe combination moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.93530 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.94098 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94272 |
| 2nd High | 0.94123 |
| Next High | 0.94098 |
| Current Price | 0.93936 |
| Next Low | 0.93530 |
| 2nd Low | 0.93444 |
| 3rd Low | 0.93416 |