The combination Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.93174 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.93465 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93574 |
| 2nd High | 0.93501 |
| Next High | 0.93465 |
| Current Price | 0.93353 |
| Next Low | 0.93174 |
| 2nd Low | 0.93011 |
| 3rd Low | 0.92989 |
0.93465 – 0.93461 – 0.93501 – 0.93174 – 0.93217 – 0.93366 —
0.93362 – 0.93442 —
66.275163965191 – 70.302343483684 —
– —
0.93465 – 1764176400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –