USD/CHF – 30M – SELLThe currency pair US Dollar/Swiss Franc (USD/CHF) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.82137 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.83183 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85745 |
| 2nd High | 0.83346 |
| Next High | 0.83183 |
| Current Price | 0.82599 |
| Next Low | 0.82137 |
| 2nd Low | 0.81966 |
| 3rd Low | 0.80665 |
0.82631 – 0.82485 – 0.82639 – 0.82137 – 0.82265 – 0.82167