USD/CHF – 30M – BUYThe pair jumps from the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.86693 will persist.
Caution: A possible counter-trend in the direction of support at 0.86504 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86857 |
| 2nd High | 0.86714 |
| Next High | 0.86693 |
| Current Price | 0.86563 |
| Next Low | 0.86504 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |