EUR/CHF – 1H – SELLThe currency pair jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 0.93609 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.93999 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94608 |
| 2nd High | 0.94423 |
| Next High | 0.93999 |
| Current Price | 0.93757 |
| Next Low | 0.93609 |
| 2nd Low | 0.93547 |
| 3rd Low | 0.93484 |