Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The pair Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.93046 is certain.
Caution: A possible change in the direction of resistance at 0.93253 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93311 |
| 2nd High | 0.93259 |
| Next High | 0.93253 |
| Current Price | 0.93027 |
| Next Low | 0.93046 |
| 2nd Low | 0.93045 |
| 3rd Low | 0.93033 |
0.93253 – 0.93259 – 0.93205 – 0.93145 – 0.93046 – 0.93045 —
0.93119 – 0.93053 —
39.353445078445 – 41.1541151729 —
– —
0.93253 – 1762770600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Symmetrical Triangle Chart Pattern – – –