USD/CHF – 30M – SELLThe pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline downwards
A descent downwards to the next support at 0.88106 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.88539 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88885 |
| 2nd High | 0.88794 |
| Next High | 0.88539 |
| Current Price | 0.88476 |
| Next Low | 0.88106 |
| 2nd Low | 0.87706 |
| 3rd Low | 0.87584 |