The pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.91037 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.91215 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.91037 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.91215 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91448 |
| 2nd High | 0.91363 |
| Next High | 0.91215 |
| Current Price | 0.91075 |
| Next Low | 0.91037 |
| 2nd Low | 0.90984 |
| 3rd Low | 0.90944 |
0.91215 – 0.91363 – 0.91448 – 0.91037 – 0.91163 – 0.9107 —
0.91125 – 0.91167 —
32.448005053895 – 54.216144227679 —
– —
0.91215 – 1771291800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –