Buy USD/CHF – 1H – BUY

The combination jumps from the bullish trendline downwards

A bearish trend down to the next support at 0.84147 is certain.

Caution: A possible change in the direction of the resistance line at 0.85176 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 0.85176 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 0.85176 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.85614
2nd High 0.85495
Next High 0.85176
Current Price 0.85030
Next Low 0.84147
2nd Low 0.83905
3rd Low 0.83740

Download USD/CHF Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals