USD/CHF – 1H – SELLThe currency pair jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.84147 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.85159 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85495 |
| 2nd High | 0.85176 |
| Next High | 0.85159 |
| Current Price | 0.84583 |
| Next Low | 0.84147 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |