The pair US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.80528 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80833 |
| 2nd High | 0.80621 |
| Next High | 0.80528 |
| Current Price | 0.80316 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.80528 – 0.80469 – 0.80621 – 0.79951 – 0.79914 – 0.79959 —
0.80231 – 0.80383 —
62.725318350232 – 67.984950480978 —
– —
0.80528 – 1764676800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –