USD/CHF – 1H – SELLThe pair goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.85299 is certain.
Caution: A possible change in the direction of the resistance zone at 0.85838 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87483 |
| 2nd High | 0.86076 |
| Next High | 0.85838 |
| Current Price | 0.85746 |
| Next Low | 0.85299 |
| 2nd Low | 0.84997 |
| 3rd Low | 0.84901 |