EUR/CHF – 30M – SELL

Moreover a ‘Double top chart pattern’ chart layout is found. The chart picture forms ‘Double top chart pattern’. which is a negative signal. The pair is likely to go down.

The pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline down.

A continuation of the bearish trend down to the next support line at 0.93603 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.93880 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

0.93880 – 0.93762 – 0.93925 – 0.93603 – 0.93608 – 0.93639

Trading Signals: FOREX – EUR – EUR/CHF – CHF –