USD/CHF – 1H – BUYThe currency pair breaks through the descending trendline upwards
A bullish ascent up to the next resistance line at 0.84897 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.84147 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85495 |
| 2nd High | 0.85176 |
| Next High | 0.84897 |
| Current Price | 0.84858 |
| Next Low | 0.84147 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |