EUR/CHF – 30M – SELLThe pair Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline down.
The bearish trend downwards to the next support at 0.93629 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.93878 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 0.93779856 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 0.93878 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93999 |
| 2nd High | 0.93886 |
| Next High | 0.93878 |
| Current Price | 0.93823 |
| Next Low | 0.93629 |
| 2nd Low | 0.93488 |
| 3rd Low | 0.93437 |