USD/CHF – 1H – SELLThe currency pair goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.84436 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.84940 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.84940 |
| Current Price | 0.84526 |
| Next Low | 0.84436 |
| 2nd Low | 0.84216 |
| 3rd Low | 0.83740 |