Sell USD/CHF – 1H – SELL

The combination US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline down.

A bearish descent downwards to the next support at 0.78316 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.78733 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 0.80108
2nd High 0.79339
Next High 0.78733
Current Price 0.78476
Next Low 0.78316
2nd Low 0.77918
3rd Low 0.77826

0.78733 – 0.78585 – 0.78257 – 0.78316 – 0.77918 – 0.77826 —
0.78746 – 0.78742 —
64.566623561581 – 55.620911066129 —
– —
0.78733 – 1776974400

Trading Signals:

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