EUR/CHF – 30M – SELL
The currency pair moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.93330 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.93731 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.93403 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.93731 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94024 |
2nd High | 0.93760 |
Next High | 0.93731 |
Current Price | 0.93377 |
Next Low | 0.93330 |
2nd Low | 0.93279 |
3rd Low | 0.93064 |