Buy USD/CHF – 1H – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.

A bullish movement upwards to the next resistance at 0.90214 is considered certain.

Caution: A possible change in the direction of the support level at 0.89126 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.90214 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.90214 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.90214
Current Price 0.90077
Next Low 0.89126
2nd Low 0.88984
3rd Low 0.88161

Download USD/CHF Signal Image

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