USD/CHF – 30M – BUYThe combination US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.80762 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.79974 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81257 |
| 2nd High | 0.81036 |
| Next High | 0.80762 |
| Current Price | 0.80519 |
| Next Low | 0.79974 |
| 2nd Low | 0.79937 |
| 3rd Low | 0.79263 |
0.80314 – 0.80303 – 0.80212 – 0.79974 – 0.79937 – 0.80096 — 66.596199748695 – 67.444722908347 — 25.708033576489 – 19.068434960855 – 36.769655184634 – 24.958405807069
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double top chart pattern – –