USD/CHF – 1H – SELLThe combination US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.88512 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.89574 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.89574 |
| Current Price | 0.88891 |
| Next Low | 0.88512 |
| 2nd Low | 0.88207 |
| 3rd Low | 0.88009 |