The combination US Dollar/Swiss Franc (USD/CHF) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.81921 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.82254 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82498 |
| 2nd High | 0.82479 |
| Next High | 0.82254 |
| Current Price | 0.82149 |
| Next Low | 0.81921 |
| 2nd Low | 0.81877 |
| 3rd Low | 0.81720 |
0.82254 – 0.82252 – 0.82479 – 0.81921 – 0.81877 – 0.81720
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low