USD/CHF – 1H – SELLThe combination US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.79937 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.80762 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81936 |
| 2nd High | 0.81036 |
| Next High | 0.80762 |
| Current Price | 0.80265 |
| Next Low | 0.79937 |
| 2nd Low | 0.79214 |
| 3rd Low | 0.79003 |
0.80303 – 0.80762 – 0.80721 – 0.79937 – 0.80253 – 0.8 — 59.80658840993 – 52.294241227359 — 55.094306628116 – 33.239758245843 – 71.438238467227 – 55.006646509156
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – Double bottom retreat down – –