The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.80555 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81036 |
| 2nd High | 0.80762 |
| Next High | 0.80555 |
| Current Price | 0.80488 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.80555 – 0.80314 – 0.80303 – 0.80269 – 0.79974 – 0.79937 — 44.002269497739 – 42.82235209214 — 19.24241728561 – 16.640387389139 – 22.313119278193 – 19.477773019595
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Down – – –