The pair US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline down.
A bearish trend down to the next support line at 0.80453 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.80807 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81936 |
| 2nd High | 0.80924 |
| Next High | 0.80807 |
| Current Price | 0.80745 |
| Next Low | 0.80453 |
| 2nd Low | 0.79214 |
| 3rd Low | 0.79003 |
0.80807 – 0.80695 – 0.80924 – 0.80453 – 0.79214 – 0.79003 — 56.766868186448 – 55.012961681526 — 59.801093983093 – 57.364495275982 – 51.79733686944 – 58.667329686723
Trading Signals: FOREX – USD – USD/CHF – CHF – – Double top chart pattern – –