The combination Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.93906 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.93201 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94207 |
2nd High | 0.93960 |
Next High | 0.93906 |
Current Price | 0.93448 |
Next Low | 0.93201 |
2nd Low | 0.92926 |
3rd Low | 0.92750 |
0.93906 – 0.93802 – 0.93960 – 0.93201 – 0.92926 – 0.93133
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji