USD/CHF – 30M – SELLThe pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 0.88871 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.89574 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.89574 |
| Current Price | 0.89025 |
| Next Low | 0.88871 |
| 2nd Low | 0.88512 |
| 3rd Low | 0.88246 |