Sell USD/CHF – 1H – SELL

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

A continuation of the downtrend down to the next support level at 0.76354 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.77272 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.77934
2nd High 0.77837
Next High 0.77272
Current Price 0.77181
Next Low 0.76354
2nd Low 0.76027
3rd Low

0.76999 – 0.77057 – 0.77272 – 0.76354 – 0.76465 – 0.76027 —
0.76846 – 0.77023 —
53.295419931422 – 60.100318624661 —
– —
0.76999 – 1769745600

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