USD/CHF – 1H – SELLThe pair jumps from the bullish trendline downwards
A descent downwards to the next support line at 0.86473 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.86635 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86694 |
| 2nd High | 0.86691 |
| Next High | 0.86635 |
| Current Price | 0.86698 |
| Next Low | 0.86473 |
| 2nd Low | 0.86448 |
| 3rd Low | 0.86327 |