USD/CHF – 1H – SELLThe combination US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.82036 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.82327 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82479 |
| 2nd High | 0.82417 |
| Next High | 0.82327 |
| Current Price | 0.82040 |
| Next Low | 0.82036 |
| 2nd Low | 0.81921 |
| 3rd Low | 0.81720 |
0.82327 – 0.82417 – 0.82254 – 0.82036 – 0.81921 – 0.81720
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down