EUR/CHF – 30M – SELL

Moreover a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The currency pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.93363 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.93493 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

0.93493 – 0.93799 – 0.93754 – 0.93363 – 0.93614 – 0.93608

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Down