The pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 0.77057 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.76573 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.7706 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.77057 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77837 |
| 2nd High | 0.77272 |
| Next High | 0.77057 |
| Current Price | 0.76645 |
| Next Low | 0.76573 |
| 2nd Low | 0.76483 |
| 3rd Low | 0.76465 |
0.77057 – 0.77272 – 0.76937 – 0.76573 – 0.76483 – 0.76465 —
0.77057 – 0.76674 —
64.345490004657 – 45.756249827686 —
0.76573 – 1769706000 —
– 1769706000
Trading Signals: FOREX – USD – USD/CHF – CHF – – Head and Shoulder chart pattern – – – – – – – –