The pair Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline down.
A bearish trend downwards to the next support at 0.93352 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.93836 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.93960 |
2nd High | 0.93906 |
Next High | 0.93836 |
Current Price | 0.93395 |
Next Low | 0.93352 |
2nd Low | 0.93332 |
3rd Low | 0.92926 |
0.93836 – 0.93906 – 0.93490 – 0.93668 – 0.93352 – 0.93332
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows