USD/CHF – 1H – SELLThe pair moves from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.86515 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.86714 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86857 |
| Next High | 0.86714 |
| Current Price | 0.86542 |
| Next Low | 0.86515 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |