The combination moves from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.93416 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.94331 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.94116786 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.94331 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance |
Price Range* |
3rd High |
0.94787 |
2nd High |
0.94502 |
Next High |
0.94331 |
Current Price |
0.94187 |
Next Low |
0.93416 |
2nd Low |
0.93330 |
3rd Low |
0.93279 |
Download EUR/CHF Signal Image
Trading Signals: FOREX – EUR – EUR/CHF – CHF