EUR/CHF – 30M – BUYThe combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.94000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.93706 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94109 |
| 2nd High | 0.94013 |
| Next High | 0.94000 |
| Current Price | 0.93920 |
| Next Low | 0.93706 |
| 2nd Low | 0.93599 |
| 3rd Low | 0.93393 |
0.94000 – 0.94013 – 0.93943 – 0.93706 – 0.93779 – 0.93793 — 44.627593170112 – 54.289399824972 — 30.418976642734 – 20.491803278689 – 59.005119815808 – 37.550000852558