EUR/CHF – 1H – SELLThe combination Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.93694 could occur.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93948 |
| 2nd High | 0.93831 |
| Next High | 0.93694 |
| Current Price | 0.93418 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.93694 – 0.93831 – 0.93948 – 0.92978 – 0.93225 – 0.93113