The pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.79462 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.79991 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80555 |
| 2nd High | 0.80113 |
| Next High | 0.79991 |
| Current Price | 0.79692 |
| Next Low | 0.79462 |
| 2nd Low | 0.79263 |
| 3rd Low | 0.79214 |
0.79991 – 0.79913 – 0.79792 – 0.79462 – 0.79482 – 0.79605 — 62.93993460387 – 54.271193103418 — 98.174317431743 – 85.676658761619 – 90.688529979003 – 94.008431208368
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – –