The pair US Dollar/Swiss Franc (USD/CHF) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.78411 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.79 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Matching Low’ candlestick pattern is existing. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79684 |
| 2nd High | 0.79227 |
| Next High | 0.79 |
| Current Price | 0.78807 |
| Next Low | 0.78411 |
| 2nd Low | 0.7801 |
| 3rd Low | 0.77829 |
0.78572 – 0.79 – 0.78927 – 0.78411 – 0.78648 – 0.78652 —
0.78714 – 0.78812 —
60.083797627439 – 66.881339412296 —
– —
0.78572 – 1773808200
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low – – – – – – – – –