The combination Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.93906 will continue.
Caution: A possible change in the direction of the resistance zone at 0.94407 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.94201916 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 0.94407 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.94423 |
Next High | 0.94407 |
Current Price | 0.93996 |
Next Low | 0.93906 |
2nd Low | 0.93578 |
3rd Low | 0.93538 |