The currency pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.91948 will persist.
Caution: A possible change in the direction of the resistance line at 0.92281 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92375 |
| 2nd High | 0.92343 |
| Next High | 0.92281 |
| Current Price | 0.92103 |
| Next Low | 0.91948 |
| 2nd Low | 0.91918 |
| 3rd Low | 0.91801 |
0.92281 – 0.92343 – 0.92309 – 0.91948 – 0.92095 – 0.92183 —
0.92086 – 0.92148 —
48.863072439694 – 55.760570448692 —
– —
0.92281 – 1781175600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –