USD/CHF – 30M – BUYThe pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.80924 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.80503 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81310 |
| 2nd High | 0.81257 |
| Next High | 0.80924 |
| Current Price | 0.80588 |
| Next Low | 0.80503 |
| 2nd Low | 0.79263 |
| 3rd Low | 0.79214 |
0.80924 – 0.80580 – 0.79437 – 0.80503 – 0.79263 – 0.79214 — 38.957991237121 – 46.225264828728 — 80.734228935801 – 84.029798386265 – 87.034400214614 – 84.433576150285