Buy USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 0.81033 will persist.

Caution: A possible counter-trend in the direction of support at 0.80777 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘MACD Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 0.81033 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.81033 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.81257
2nd High 0.8124
Next High 0.81033
Current Price 0.80987
Next Low 0.80777
2nd Low 0.80689
3rd Low 0.80639

0.81033 – 0.80971 – 0.80915 – 0.80777 – 0.80779 – 0.80689 —
0.81021 – 0.80990 —
60.523169295162 – 51.612575607637 —
– —
0.81033 – 1782221400

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