The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.81420 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.80665 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82344 |
| 2nd High | 0.82075 |
| Next High | 0.81420 |
| Current Price | 0.80910 |
| Next Low | 0.80665 |
| 2nd Low | 0.80392 |
| 3rd Low |
0.81420 – 0.82075 – 0.82344 – 0.81022 – 0.81846 – 0.82122
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji