USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 0.79913 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.79605 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80555 |
| 2nd High | 0.80113 |
| Next High | 0.79913 |
| Current Price | 0.79916 |
| Next Low | 0.79605 |
| 2nd Low | 0.79558 |
| 3rd Low | 0.79263 |
0.79913 – 0.79792 – 0.80113 – 0.79605 – 0.79613 – 0.79558 — 58.467941413417 – 59.803932180229 — 22.254114045159 – 45.882127822426 – 12.096269283473 – 24.057266634128
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom chart pattern – –