EUR/CHF – 1H – SELLThe combination goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.93544 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.94060 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94123 |
| 2nd High | 0.94098 |
| Next High | 0.94060 |
| Current Price | 0.93501 |
| Next Low | 0.93544 |
| 2nd Low | 0.93530 |
| 3rd Low | 0.93444 |