USD/CHF – 1H – SELLThe pair jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.86327 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.86691 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86694 |
| Next High | 0.86691 |
| Current Price | 0.86489 |
| Next Low | 0.86327 |
| 2nd Low | 0.86296 |
| 3rd Low | 0.86139 |