USD/CHF – 1H – BUYThe combination breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.86076 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.84997 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87769 |
| 2nd High | 0.87483 |
| Next High | 0.86076 |
| Current Price | 0.85656 |
| Next Low | 0.84997 |
| 2nd Low | 0.84901 |
| 3rd Low | 0.84309 |