USD/CHF – 30M – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
An ascent up to the next resistance at 0.80113 is considered certain.
Caution: A possible change in the direction of the support level at 0.79558 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.800565 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.80113 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80762 |
| 2nd High | 0.80555 |
| Next High | 0.80113 |
| Current Price | 0.79838 |
| Next Low | 0.79558 |
| 2nd Low | 0.79263 |
| 3rd Low | 0.79214 |
0.79792 – 0.80113 – 0.80555 – 0.79558 – 0.80269 – 0.79974 — 69.221552724479 – 73.396598419403 — 41.442507711068 – 53.975683236497 – 28.868684695024 – 41.661286851732