USD/CHF – 30M – SELLThe combination US Dollar/Swiss Franc (USD/CHF) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.81022 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.81420 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82344 |
| 2nd High | 0.82075 |
| Next High | 0.81420 |
| Current Price | 0.81027 |
| Next Low | 0.81022 |
| 2nd Low | 0.80665 |
| 3rd Low | 0.80392 |
0.81420 – 0.82075 – 0.82344 – 0.81022 – 0.81846 – 0.82122
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows