USD/CHF – 30M – SELLThe currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline down.
A bearish movement downwards to the next support at 0.87971 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.88433 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88872 |
| 2nd High | 0.88815 |
| Next High | 0.88433 |
| Current Price | 0.88190 |
| Next Low | 0.87971 |
| 2nd Low | 0.87510 |
| 3rd Low | 0.87008 |