USD/CHF – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.84015 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.84930 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85176 |
| 2nd High | 0.85159 |
| Next High | 0.84930 |
| Current Price | 0.84618 |
| Next Low | 0.84015 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |