USD/CHF – 1H – SELLThe currency pair moves from the bullish trendline down.
A bearish descent downwards to the next support at 0.85585 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.85842 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87483 |
| 2nd High | 0.86139 |
| Next High | 0.85842 |
| Current Price | 0.85826 |
| Next Low | 0.85585 |
| 2nd Low | 0.85576 |
| 3rd Low | 0.85299 |