USD/CHF – 1H – SELLThe pair jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.86231 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.87109 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.87109 |
| Current Price | 0.86254 |
| Next Low | 0.86231 |
| 2nd Low | 0.86139 |
| 3rd Low | 0.86064 |