Sell USD/CHF – 30M – SELL

The pair US Dollar/Swiss Franc (USD/CHF) moves from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at is expected.

Caution: A possible change in the direction of the resistance level at 0.7848 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.79247
2nd High 0.79229
Next High 0.7848
Current Price 0.78295
Next Low
2nd Low
3rd Low

0.7848 – 0.78474 – 0.78468 – 0.78198 – 0.77994 – 0.7783 —
0.78390 – 0.78383 —
47.564028482041 – 50.341651568912 —
– —
0.7848 – 1777968000

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