The combination US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.79263 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.80113 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80762 |
| 2nd High | 0.80555 |
| Next High | 0.80113 |
| Current Price | 0.79354 |
| Next Low | 0.79263 |
| 2nd Low | 0.79214 |
| 3rd Low | 0.79003 |
0.80113 – 0.80555 – 0.80314 – 0.79558 – 0.80269 – 0.79974 — 21.766985351074 – 21.600584889202 — 18.01187446989 – 0 – 38.381679389313 – 19.422109132033
Trading Signals: FOREX – USD – USD/CHF – CHF – Southern Doji – – –