USD/CHF – 30M – SELLThe currency pair jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.84902 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.85074 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85176 |
| 2nd High | 0.85159 |
| Next High | 0.85074 |
| Current Price | 0.85029 |
| Next Low | 0.84902 |
| 2nd Low | 0.84484 |
| 3rd Low | 0.84481 |