USD/CHF – 1H – SELLThe pair moves from the bullish trendline down.
A descending movement downwards to the next support level at 0.84901 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.85424 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85424 |
| Current Price | 0.85147 |
| Next Low | 0.84901 |
| 2nd Low | 0.84309 |
| 3rd Low | 0.84015 |