The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.78076 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.78706 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79038 |
| 2nd High | 0.78756 |
| Next High | 0.78706 |
| Current Price | 0.78275 |
| Next Low | 0.78076 |
| 2nd Low | |
| 3rd Low |
0.78706 – 0.78756 – 0.79038 – 0.78076 – 0.78155 – 0.78573 —
0.78126 – 0.78328 —
31.320016926863 – 61.656328609253 —
0.78076 – 1779723000 —
0.78706 – 1779469200
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –