USD/CHF – 1H – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.82417 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.82036 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82498 |
| 2nd High | 0.82479 |
| Next High | 0.82417 |
| Current Price | 0.82265 |
| Next Low | 0.82036 |
| 2nd Low | 0.81921 |
| 3rd Low | 0.81720 |
0.82417 – 0.82254 – 0.82479 – 0.82036 – 0.81921 – 0.81720
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji