USD/CHF – 1H – BUYThe pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline upwards
An ascent up to the next resistance line at 0.77934 will persist.
Caution: A possible change in the direction of the support level at 0.77305 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79684 |
| 2nd High | 0.79142 |
| Next High | 0.77934 |
| Current Price | 0.77775 |
| Next Low | 0.77305 |
| 2nd Low | |
| 3rd Low |
0.77934 – 0.79142 – 0.79684 – 0.77305 – 0.77413 – 0.78867 —
0.77706 – 0.77715 —
40.361623460658 – 38.18356590887 —
– —
0.77934 – 1769439600
Trading Signals: FOREX – USD – USD/CHF – CHF – – Rising Wedge Chart Pattern – – – – – – – –