USD/CHF – 30M – BUYThe combination US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 0.88446 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.88139 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88872 |
| 2nd High | 0.88815 |
| Next High | 0.88446 |
| Current Price | 0.88372 |
| Next Low | 0.88139 |
| 2nd Low | 0.88009 |
| 3rd Low | 0.87971 |