The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline down.
A descending movement down to the next support level at 0.80262 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.80833 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8124 |
| 2nd High | 0.81016 |
| Next High | 0.80833 |
| Current Price | 0.80474 |
| Next Low | 0.80262 |
| 2nd Low | 0.79852 |
| 3rd Low | 0.79376 |
0.80833 – 0.81016 – 0.80984 – 0.80262 – 0.80415 – 0.80575 —
0.80490 – 0.80592 —
48.918178877883 – 55.377121130072 —
– —
0.80833 – 1764169200
Trading Signals: FOREX – USD – USD/CHF – CHF – – Symmetrical Triangle Chart Pattern – – – – – – – –