USD/CHF – 1H – BUYThe currency pair goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.84930 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.84015 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85176 |
| 2nd High | 0.85159 |
| Next High | 0.84930 |
| Current Price | 0.84586 |
| Next Low | 0.84015 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |