The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 0.90709 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.90486 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90984 |
| 2nd High | 0.90717 |
| Next High | 0.90709 |
| Current Price | 0.90743 |
| Next Low | 0.90486 |
| 2nd Low | 0.8988 |
| 3rd Low | 0.89803 |
0.90709 – 0.90668 – 0.90544 – 0.90486 – 0.8988 – 0.90215 —
0.90629 – 0.90767 —
56.22296574861 – 63.359429538284 —
– —
0.90709 – 1773763200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –