The pair US Dollar/Swiss Franc (USD/CHF) goes from the descending trendline down.
A continuation of the downtrend down to the next support at 0.76665 is considered certain.
Caution: A possible change in the direction of resistance at 0.77248 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77714 |
| 2nd High | 0.773 |
| Next High | 0.77248 |
| Current Price | 0.76975 |
| Next Low | 0.76665 |
| 2nd Low | 0.76479 |
| 3rd Low | 0.7646 |
0.77248 – 0.77181 – 0.773 – 0.76665 – 0.76997 – 0.76479 —
0.76942 – 0.77012 —
44.425261683843 – 54.358215431218 —
– —
0.77248 – 1770885000
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –