The combination Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.93142 is certain.
Caution: A possible change in the direction of the resistance level at 0.93342 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93621 |
| 2nd High | 0.93557 |
| Next High | 0.93342 |
| Current Price | 0.93258 |
| Next Low | 0.93142 |
| 2nd Low | 0.93121 |
| 3rd Low | 0.93059 |
0.93342 – 0.93557 – 0.93462 – 0.93142 – 0.93121 – 0.93251 — 55.131359487047 – 48.193795717406 — 50.295473732061 – 39.713617767388 – 60.836201484945 – 50.167759811243