USD/CHF – 1H – SELLThe pair jumps from the ascending trendline down.
A bearish trend down to the next support line at 0.84147 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.85176 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85176 |
| Current Price | 0.84754 |
| Next Low | 0.84147 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |