The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.79974 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.80762 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81257 |
| 2nd High | 0.81036 |
| Next High | 0.80762 |
| Current Price | 0.80377 |
| Next Low | 0.79974 |
| 2nd Low | 0.79937 |
| 3rd Low | 0.79263 |
0.80314 – 0.80303 – 0.80212 – 0.79974 – 0.79937 – 0.80096 — 56.79074772018 – 54.1948454752 — 18.262724330686 – 9.6535745807591 – 21.547640847361 – 15.93483377464
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – Double top retreat up – –