USD/CHF – 1H – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.86504 is expected.
Caution: A possible change in the direction of the resistance zone at 0.86714 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86857 |
| Next High | 0.86714 |
| Current Price | 0.86553 |
| Next Low | 0.86504 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |