The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.82417 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.81921 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82498 |
| 2nd High | 0.82479 |
| Next High | 0.82417 |
| Current Price | 0.82194 |
| Next Low | 0.81921 |
| 2nd Low | 0.81720 |
| 3rd Low | 0.81700 |
0.82417 – 0.82254 – 0.82479 – 0.81921 – 0.81720 – 0.81700
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji