USD/CHF – 1H – SELLThe combination goes from the ascending trendline down.
The bearish trend downwards to the next support at 0.86139 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.86365 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86413 |
| Next High | 0.86365 |
| Current Price | 0.86524 |
| Next Low | 0.86139 |
| 2nd Low | 0.86064 |
| 3rd Low | 0.85505 |