The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.79605 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.79991 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80555 |
| 2nd High | 0.80113 |
| Next High | 0.79991 |
| Current Price | 0.79942 |
| Next Low | 0.79605 |
| 2nd Low | 0.79558 |
| 3rd Low | 0.79263 |
0.79991 – 0.79913 – 0.79792 – 0.79605 – 0.79613 – 0.79558 — 61.442082215763 – 55.98623633144 — 73.822463768116 – 72.714194373402 – 65.369245524297 – 70.645069622052
Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – Double top chart pattern – –