The combination US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.77051 will persist.
Caution: A possible change in the direction of the resistance zone at 0.77573 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77679 |
| 2nd High | 0.77657 |
| Next High | 0.77573 |
| Current Price | 0.77402 |
| Next Low | 0.77051 |
| 2nd Low | 0.76938 |
| 3rd Low | 0.76932 |
0.77573 – 0.77657 – 0.77679 – 0.77051 – 0.77189 – 0.771 —
0.77491 – 0.77517 —
63.967394409313 – 62.314913488683 —
– —
0.77573 – 1772024400
Trading Signals: FOREX – USD – USD/CHF – CHF – – Double bottom retreat down – – – – – – – –