USD/CHF – 1H – SELLThe pair moves from the ascending trendline down.
A descent down to the next support level at 0.85505 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.85842 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87483 |
| 2nd High | 0.86139 |
| Next High | 0.85842 |
| Current Price | 0.86305 |
| Next Low | 0.85505 |
| 2nd Low | 0.85299 |
| 3rd Low | 0.84997 |