USD/CHF – 30M – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.88619 will continue.
Caution: A possible change in the direction of the support zone at 0.88360 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88872 |
| 2nd High | 0.88815 |
| Next High | 0.88619 |
| Current Price | 0.88331 |
| Next Low | 0.88360 |
| 2nd Low | 0.88139 |
| 3rd Low | 0.88009 |