The combination US Dollar/Swiss Franc (USD/CHF) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.79605 will continue.
Caution: A possible change in the direction of resistance at 0.79991 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80555 |
| 2nd High | 0.80113 |
| Next High | 0.79991 |
| Current Price | 0.79907 |
| Next Low | 0.79605 |
| 2nd Low | 0.79558 |
| 3rd Low | 0.79263 |
0.79991 – 0.79913 – 0.79792 – 0.79605 – 0.79613 – 0.79558 — 59.60154481329 – 48.941358640883 — 69.590495731517 – 38.352994731597 – 71.728060523328 – 60.050349063969
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double top chart pattern – –