USD/CHF – 30M – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.88446 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.88139 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88872 |
| 2nd High | 0.88815 |
| Next High | 0.88446 |
| Current Price | 0.88514 |
| Next Low | 0.88139 |
| 2nd Low | 0.88009 |
| 3rd Low | 0.87971 |