The pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.78253 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.77829 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78374 |
| 2nd High | 0.78272 |
| Next High | 0.78253 |
| Current Price | 0.78171 |
| Next Low | 0.77829 |
| 2nd Low | 0.77649 |
| 3rd Low | 0.77478 |
0.78082 – 0.77919 – 0.77828 – 0.77829 – 0.77649 – 0.77478 —
0.77998 – 0.78142 —
51.415228663093 – 57.759888382938 —
– —
0.78082 – 1773255600
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –