USD/CHF – 1H – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.87971 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.88567 |
| Next Low | 0.87971 |
| 2nd Low | 0.87008 |
| 3rd Low | 0.86196 |