EUR/CHF – 1H – SELLThe currency pair jumps from the ascending trendline down.
The bearish trend down to the next support at 0.93444 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94060 should be noted.
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 | 0.93473 |
| Next Low | 0.93444 |
| 2nd Low | 0.93416 |
| 3rd Low | 0.93330 |