USD/CHF – 1H – SELLThe combination goes from the bullish trendline down.
A descending movement down to the next support at 0.83905 is expected.
Caution: A possible change in the direction of the resistance zone at 0.84930 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85176 |
| 2nd High | 0.85159 |
| Next High | 0.84930 |
| Current Price | 0.84115 |
| Next Low | 0.83905 |
| 2nd Low | 0.83740 |
| 3rd Low |