Sell USD/CHF – 1H – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.77788 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.78301 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.79339
2nd High 0.79247
Next High 0.78301
Current Price 0.78025
Next Low 0.77788
2nd Low 0.77751
3rd Low 0.77749

0.78301 – 0.79247 – 0.79109 – 0.77788 – 0.78828 – 0.78306 —
0.78151 – 0.78180 —
45.924126975206 – 48.533271298825 —
– —
0.78301 – 1777626000

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