USD/CHF – 1H – BUYThe combination breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.84594 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.84341 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85495 |
| 2nd High | 0.84940 |
| Next High | 0.84594 |
| Current Price | 0.84718 |
| Next Low | 0.84341 |
| 2nd Low | 0.84216 |
| 3rd Low | 0.83740 |