The pair Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline down.
A descent down to the next support line at 0.93059 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.93492 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
Furthermore a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9367 |
| 2nd High | 0.93558 |
| Next High | 0.93492 |
| Current Price | 0.93089 |
| Next Low | 0.93059 |
| 2nd Low | 0.92957 |
| 3rd Low | 0.92766 |
0.93492 – 0.93181 – 0.93257 – 0.93059 – 0.92957 – 0.92971 —
0.93204 – 0.93184 —
52.146360604664 – 50.57827312928 —
– —
0.93492 – 1768388400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –