USD/CHF – 1H – BUYThe pair US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline downwards
A bearish descent downwards to the next support line at is expected.
Caution: A possible change in the direction of the resistance level at 0.83183 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85834 |
| 2nd High | 0.83346 |
| Next High | 0.83183 |
| Current Price | 0.82380 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.83183 – 0.83346 – 0.83110 – 0.82663 – 0.82391 – 0.81969