The pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.9197 is considered certain.
Caution: A possible change in the direction of resistance at 0.92245 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92295 |
| 2nd High | 0.92251 |
| Next High | 0.92245 |
| Current Price | 0.92151 |
| Next Low | 0.9197 |
| 2nd Low | 0.91968 |
| 3rd Low | 0.91763 |
0.92245 – 0.92251 – 0.92295 – 0.9197 – 0.92026 – 0.92094 —
0.92203 – 0.92274 —
63.557999010991 – 58.179107325561 —
– —
0.92245 – 1782399600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Black Crows – – – – – – – – –