USD/CHF – 1H – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.84015 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.84735 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85159 |
| 2nd High | 0.84930 |
| Next High | 0.84735 |
| Current Price | 0.84563 |
| Next Low | 0.84015 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |