EUR/CHF – 1H – SELL
The currency pair jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.93646 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94378 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94787 |
2nd High | 0.94502 |
Next High | 0.94378 |
Current Price | 0.94054 |
Next Low | 0.93646 |
2nd Low | 0.93416 |
3rd Low | 0.93330 |