The pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.93259 will persist.
Caution: A possible change in the direction of the support level at 0.92924 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93530 |
2nd High | 0.93379 |
Next High | 0.93259 |
Current Price | 0.93014 |
Next Low | 0.92924 |
2nd Low | 0.92759 |
3rd Low | 0.92550 |
0.93259 – 0.93211 – 0.93379 – 0.92924 – 0.92940 – 0.92994