USD/CHF – 1H – SELLThe pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline down.
A descent downwards to the next support level at 0.81921 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.82254 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82498 |
| 2nd High | 0.82479 |
| Next High | 0.82254 |
| Current Price | 0.82109 |
| Next Low | 0.81921 |
| 2nd Low | 0.81720 |
| 3rd Low | 0.81700 |
0.82254 – 0.82479 – 0.82146 – 0.81921 – 0.81720 – 0.81700