There is also a ‘Double top chart pattern’ chart formation is found. The formation shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.92822 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.93048 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93259 |
| 2nd High | 0.93253 |
| Next High | 0.93048 |
| Current Price | 0.92796 |
| Next Low | 0.92822 |
| 2nd Low | 0.92068 |
| 3rd Low | 0.91789 |
0.93048 – 0.92961 – 0.92306 – 0.92822 – 0.92068 – 0.9211 —
0.92911 – 0.92962 —
50.22619263882 – 58.344645539561 —
– —
0.93048 – 1763658000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Double top chart pattern – – – –