The pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline down.
The bearish trend down to the next support level at will persist.
Caution: A possible change in the direction of resistance at 0.79268 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80179 |
| 2nd High | 0.79339 |
| Next High | 0.79268 |
| Current Price | 0.79416 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.79268 – 0.7899 – 0.79066 – 0.77951 – 0.78076 – 0.78381 —
0.80104 – 0.79704 —
64.675858054246 – 51.050993879254 —
– —
0.79268 – 1780516800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –