The combination US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.80853 is considered certain.
Caution: A possible change in the direction of the support level at 0.80655 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81257 |
| 2nd High | 0.80924 |
| Next High | 0.80853 |
| Current Price | 0.80843 |
| Next Low | 0.80655 |
| 2nd Low | 0.80471 |
| 3rd Low | 0.80453 |
0.80853 – 0.80779 – 0.80807 – 0.80655 – 0.80471 – 0.80646 — 55.841508900072 – 57.547978596137 — 41.317271142359 – 31.054775471486 – 53.169091238199 – 41.761939837966
Trading Signals: FOREX – USD – USD/CHF – CHF – – Triple bottom chart pattern – –