Sell USD/CHF – 4H – SELL

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

A continuation of the downtrend downwards to the next support at 0.79556 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.80175 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Current target is 0.79827464 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.80175 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.81016
2nd High 0.80853
Next High 0.80175
Current Price 0.80105
Next Low 0.79556
2nd Low 0.79009
3rd Low 0.78551

0.80175 – 0.79674 – 0.7942 – 0.79556 – 0.79009 – 0.78551 —
0.79782 – 0.80168 —
50.855278694807 – 66.711753909976 —
– —
0.80175 – 1768176300

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