The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline down.
The bearish trend down to the next support level at 0.92766 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.93022 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93157 |
| 2nd High | 0.9306 |
| Next High | 0.93022 |
| Current Price | 0.92978 |
| Next Low | 0.92766 |
| 2nd Low | 0.92697 |
| 3rd Low | 0.92577 |
0.93022 – 0.9306 – 0.93157 – 0.92766 – 0.92697 – 0.92974 —
0.93007 – 0.93044 —
59.965845750161 – 61.615301553109 —
– —
0.93022 – 1767726000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –