USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
An ascent up to the next resistance at 0.81016 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.80353 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81257 |
| 2nd High | 0.8124 |
| Next High | 0.81016 |
| Current Price | 0.80617 |
| Next Low | 0.80353 |
| 2nd Low | 0.79852 |
| 3rd Low | 0.79376 |
0.81016 – 0.80917 – 0.81015 – 0.80575 – 0.80731 – 0.80353 —
0.80804 – 0.80645 —
51.58893425952 – 36.316815468509 —
– —
0.81016 – 1764073800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –