USD/CHF – 1H – SELL

The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 0.80415 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.81016 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

0.81016 – 0.80984 – 0.80771 – 0.80415 – 0.80575 – 0.80603 —
0.80531 – 0.80833 —
37.398461124321 – 57.477513725107 —
0.80415 – 1764144000 —
0.81016 – 1764072000

Trading Signals: FOREX – USD – USD/CHF – CHF – – Double bottom chart pattern – – – – – – – –