USD/CHF – 30M – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline downwards
A descent down to the next support level at will continue.
Caution: A possible change in the direction of resistance at 0.80555 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81036 |
| 2nd High | 0.80762 |
| Next High | 0.80555 |
| Current Price | 0.80171 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.80555 – 0.80314 – 0.80303 – 0.80269 – 0.79974 – 0.79937 — 41.185522052972 – 27.352613692743 — 64.079179866256 – 55.495504737852 – 36.591930278865 – 51.406590664265
Trading Signals: FOREX – USD – USD/CHF – CHF – – Rising Wedge Chart Pattern – –