USD/CHF – 1H – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at is likely expected.
Caution: A possible change in the direction of the support line at 0.86139 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.86604 |
| Next Low | 0.86139 |
| 2nd Low | 0.86064 |
| 3rd Low | 0.85505 |