USD/CHF – 1H – SELLThe combination jumps from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.84295 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.84768 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85495 |
| 2nd High | 0.84940 |
| Next High | 0.84768 |
| Current Price | 0.84483 |
| Next Low | 0.84295 |
| 2nd Low | 0.84216 |
| 3rd Low | 0.83740 |