The pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline down.
The bearish trend down to the next support level at 0.80405 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.80621 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.
Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Besides a ‘Bullish Separating Lines’ candlestick pattern is discovered. The candles show ‘Bullish Separating Lines’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81016 |
| 2nd High | 0.80833 |
| Next High | 0.80621 |
| Current Price | 0.80439 |
| Next Low | 0.80405 |
| 2nd Low | 0.80262 |
| 3rd Low | 0.79852 |
0.80621 – 0.80833 – 0.81016 – 0.80405 – 0.80262 – 0.80415 —
0.80352 – 0.80441 —
40.041334737888 – 49.546384102341 —
– —
0.80621 – 1764248400
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Separating Lines – Double top retreat up – – – – – – – –