Sell EUR/CHF – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.936595 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.93967 is also possible.
Consider stop-loss settings accordingly.

Eine Korrektur des großen bulligen Trends brach durch das Fibonacci 0.24-Level.Eine Fortsetzung des aktuell absteigenden Trends gilt als sicher. Derzeitiges Ziel ist 0.936595 am Fibonacci Level 0.5-Level. Vorsicht: Eine Trendumkehr in Richtung des Support-Levels bei 0.93967 sollte beachtet werden.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support at 0.93603 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.93967 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Das Paar Euro/Swiss Franc (EUR/CHF) läuft von der absteigenden Trendline nach unten.

Eine Fortsetzung des Abwärtstrends nach unten zur nächsten Unterstützung bei 0.93603 wird fortlaufen.

Vorsicht: Eine Trendumkehr in Richtung des Widerstands bei 0.93967 könnte eintreten.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.

The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.93603 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.93967 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.936595 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.93967 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.94207
2nd High 0.93990
Next High 0.93967
Current Price 0.93770
Next Low 0.93603
2nd Low 0.93363
3rd Low 0.93329

0.93967 – 0.93990 – 0.93799 – 0.93603 – 0.93608 – 0.93363

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