Sell USD/CHF – 1H – SELL

The pair moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 0.84295 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.84768 should always be considered.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.85495
2nd High 0.84940
Next High 0.84768
Current Price 0.84492
Next Low 0.84295
2nd Low 0.84216
3rd Low 0.83740

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