USD/CHF – 1H – BUYThe combination breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.84768 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.84295 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85495 |
| 2nd High | 0.84940 |
| Next High | 0.84768 |
| Current Price | 0.84548 |
| Next Low | 0.84295 |
| 2nd Low | 0.84216 |
| 3rd Low | 0.83740 |