USD/CHF – 30M – BUYThe combination US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline down.
A descending movement downwards to the next support at 0.82610 will continue.
Caution: A possible change in the direction of the resistance line at 0.83477 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83657 |
| 2nd High | 0.83624 |
| Next High | 0.83477 |
| Current Price | 0.82975 |
| Next Low | 0.82610 |
| 2nd Low | 0.82448 |
| 3rd Low | 0.81877 |
0.83477 – 0.82858 – 0.82910 – 0.82610 – 0.82448 – 0.82537
Trading Signals: FOREX – USD – USD/CHF – CHF – Last Engulfing Top