USD/CHF – 30M – SELLThe combination US Dollar/Swiss Franc (USD/CHF) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0.79605 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.79991 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80555 |
| 2nd High | 0.80113 |
| Next High | 0.79991 |
| Current Price | 0.79621 |
| Next Low | 0.79605 |
| 2nd Low | 0.79558 |
| 3rd Low | 0.79263 |
0.79991 – 0.79913 – 0.79792 – 0.79605 – 0.79613 – 0.79558 — 32.608809310467 – 23.616555932756 — 0 – 0 – 20.243883021972 – 7.3728740395407
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Double bottom retreat down – –