The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.82344 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.82479 |
| 2nd High | 0.82417 |
| Next High | 0.82344 |
| Current Price | 0.81290 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.82344 – 0.82327 – 0.82417 – 0.80555 – 0.81846 – 0.82036
Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top