Wednesday, June 24, 2015

EUR/CHF Chart

Summary : Target Level : 1.0403Target Period : 2 days
Analysis :
Descending Triangle identified at 23-Jun-20:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.04 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.0475Last resistance turning point of Descending Triangle.

Support Levels
( A ) 1.0403Last support turning point of Descending Triangle.