The pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards
A descending movement downwards to the next support at 0.92697 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.93257 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.931235 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.93257 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93953 |
| 2nd High | 0.9367 |
| Next High | 0.93257 |
| Current Price | 0.93126 |
| Next Low | 0.92697 |
| 2nd Low | 0.92577 |
| 3rd Low | 0.91789 |
0.93257 – 0.93165 – 0.93076 – 0.92697 – 0.92755 – 0.92577 —
0.93033 – 0.93492 —
42.568502424279 – 72.177854526673 —
– —
0.93257 – 1767974400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Rising Wedge Chart Pattern – – – – – – – –