USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 0.79792 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.79613 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80555 |
| 2nd High | 0.80113 |
| Next High | 0.79792 |
| Current Price | 0.79872 |
| Next Low | 0.79613 |
| 2nd Low | 0.79558 |
| 3rd Low | 0.79263 |
0.79792 – 0.80113 – 0.80555 – 0.79613 – 0.79558 – 0.80269 — 50.937967201825 – 61.143610180215 — 60.366258161377 – 68.532999791649 – 60.291772866404 – 65.04549011362
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – Double bottom retreat down – –