USD/CHF – 4H – SELLThe pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 0.79151 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.80069 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80762 |
| 2nd High | 0.80716 |
| Next High | 0.80069 |
| Current Price | 0.79496 |
| Next Low | 0.79151 |
| 2nd Low | 0.78718 |
| 3rd Low |
0.80069 – 0.80716 – 0.80762 – 0.79151 – 0.79837 – 0.8 — 43.027034776004 – 37.774819314536 — 20.739494979039 – 11.170420200838 – 25.58821617757 – 19.381073088297
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – Symmetrical Triangle Chart Pattern – –