The currency pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline down.
A descending movement downwards to the next support at 0.79376 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.80096 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80614 |
| 2nd High | 0.80113 |
| Next High | 0.80096 |
| Current Price | 0.79932 |
| Next Low | 0.79376 |
| 2nd Low | 0.78778 |
| 3rd Low | 0.78718 |
0.80096 – 0.80004 – 0.79751 – 0.79376 – 0.79513 – 0.78778 —
0.80035 – 0.79967 —
61.721216277465 – 52.786563641757 —
– —
0.80096 – 1763524800
Trading Signals: FOREX – USD – USD/CHF – CHF – – Symmetrical Triangle Chart Pattern – – – –