The pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.80353 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.80984 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘Resistance Level’ indicator signal is existing. 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 | 0.81936 |
| 2nd High | 0.8124 |
| Next High | 0.80984 |
| Current Price | 0.80719 |
| Next Low | 0.80353 |
| 2nd Low | 0.79852 |
| 3rd Low | 0.79376 |
0.80984 – 0.80771 – 0.79661 – 0.80353 – 0.79852 – 0.79376 —
0.80894 – 0.81000 —
61.579050378674 – 68.512918536639 —
– —
0.80984 – 1763748000
Trading Signals: FOREX – USD – USD/CHF – CHF – – Rising Wedge Chart Pattern – – – – – – – –