The combination US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.82036 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.82327 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82479 |
| 2nd High | 0.82417 |
| Next High | 0.82327 |
| Current Price | 0.82198 |
| Next Low | 0.82036 |
| 2nd Low | 0.81921 |
| 3rd Low | 0.81877 |
0.82327 – 0.82417 – 0.82254 – 0.82036 – 0.82093 – 0.81921
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down