USD/CHF – 1H – BUYThe combination US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.80799 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.79214 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81947 |
| 2nd High | 0.81936 |
| Next High | 0.80799 |
| Current Price | 0.80645 |
| Next Low | 0.79214 |
| 2nd Low | 0.79003 |
| 3rd Low | 0.78718 |
0.80580 – 0.79864 – 0.79411 – 0.79214 – 0.79003 – 0.78718 — 78.211076407169 – 78.32958779092 — 62.63823684769 – 51.427940326567 – 73.926979333504 – 64.079190700109
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom chart pattern – –