The combination US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline downwards
A bearish trend downwards to the next support at 0.79673 will persist.
Caution: A possible change in the direction of the resistance line at 0.80156 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.
Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80646 |
| 2nd High | 0.80175 |
| Next High | 0.80156 |
| Current Price | 0.80151 |
| Next Low | 0.79673 |
| 2nd Low | 0.79556 |
| 3rd Low | 0.79512 |
0.80156 – 0.79799 – 0.79792 – 0.79673 – 0.79556 – 0.79721 —
0.80097 – 0.80166 —
63.689771858659 – 68.980012371061 —
– —
0.80156 – 1768327200
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –