Sell EUR/CHF – 30M – SELL

The currency pair Euro/Swiss Franc (EUR/CHF) moves from the bullish trendline down.

A descent downwards to the next support level at 0.91948 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.9218 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.92343
2nd High 0.92281
Next High 0.9218
Current Price 0.92170
Next Low 0.91948
2nd Low 0.91918
3rd Low 0.91801

0.9218 – 0.92281 – 0.92343 – 0.91948 – 0.92095 – 0.92183 —
0.92159 – 0.92184 —
53.369775827741 – 64.728763200148 —
– —
0.9218 – 1781256600

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