USD/CHF – 1H – SELLThe combination goes from the bullish trendline down.
A descent down to the next support at 0.84512 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.85166 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85166 |
| Current Price | 0.85082 |
| Next Low | 0.84512 |
| 2nd Low | 0.84488 |
| 3rd Low | 0.83905 |