The pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline down.
The bearish trend down to the next support at 0.77649 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.78073 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78272 |
| 2nd High | 0.78253 |
| Next High | 0.78073 |
| Current Price | 0.77967 |
| Next Low | 0.77649 |
| 2nd Low | 0.77478 |
| 3rd Low | 0.76707 |
0.77919 – 0.77828 – 0.78073 – 0.77649 – 0.77478 – 0.77655 —
0.77901 – 0.78055 —
49.703930944677 – 66.954150027176 —
– —
0.77919 – 1773181800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –