The pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline downwards
A bearish movement down to the next support at 0.88139 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.88619 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.88872 |
2nd High | 0.88815 |
Next High | 0.88619 |
Current Price | 0.88418 |
Next Low | 0.88139 |
2nd Low | 0.88009 |
3rd Low | 0.87971 |