EUR/CHF – 1H – SELLThe currency pair jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.93484 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.93895 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94098 |
| 2nd High | 0.94060 |
| Next High | 0.93895 |
| Current Price | 0.93759 |
| Next Low | 0.93484 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |