The pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 0.94170 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.94011 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94463 |
| 2nd High | 0.94213 |
| Next High | 0.94170 |
| Current Price | 0.94071 |
| Next Low | 0.94011 |
| 2nd Low | 0.93993 |
| 3rd Low | 0.93393 |
0.94170 – 0.94213 – 0.94463 – 0.94011 – 0.94097 – 0.94264 — 39.998334176967 – 46.054364805491 — 60.287516230755 – 56.377295492487 – 71.728188956903 – 62.841773325914
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Double top retreat up – –