The pair Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 0.93813 is certain.
Caution: A possible change in the direction of the resistance level at 0.93982 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94013 |
| 2nd High | 0.94000 |
| Next High | 0.93982 |
| Current Price | 0.93961 |
| Next Low | 0.93813 |
| 2nd Low | 0.93706 |
| 3rd Low | 0.93599 |
0.93982 – 0.94000 – 0.94013 – 0.93813 – 0.93706 – 0.93779 — 58.138052736103 – 57.128816148193 — 89.105406979349 – 88.603682300766 – 75.013812360943 – 83.840284310651