USD/CHF – 1H – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.88698 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.88207 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89175 |
| 2nd High | 0.88997 |
| Next High | 0.88698 |
| Current Price | 0.88901 |
| Next Low | 0.88207 |
| 2nd Low | 0.88009 |
| 3rd Low | 0.87971 |