USD/CHF – 30M – BUYThen a ‘Double top retreat up’ chart layout is existing. The chart forms ‘Double top retreat up’. which is a bullish signal. The pair is likely to go up.
The pair US Dollar/Swiss Franc (USD/CHF) moves from the descending trendline up.
A bullish trend up to the next resistance line at 0.79991 is expected.
Caution: A possible change in the direction of the support level at 0.79558 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80555 |
| 2nd High | 0.80113 |
| Next High | 0.79991 |
| Current Price | 0.79619 |
| Next Low | 0.79558 |
| 2nd Low | 0.79263 |
| 3rd Low | 0.79214 |
0.79991 – 0.79913 – 0.79792 – 0.79605 – 0.79613 – 0.79558 — 26.378797671347 – 32.3173722905 — 11.123258626116 – 18.35118213436 – 9.3834031815446 – 13.397839477597
Trading Signals: FOREX – USD – USD/CHF – CHF – – Double top retreat up – –