The pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.78198 will continue.
Caution: A possible change in the direction of the resistance line at 0.7848 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.
Also there is a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79247 |
| 2nd High | 0.79229 |
| Next High | 0.7848 |
| Current Price | 0.78273 |
| Next Low | 0.78198 |
| 2nd Low | 0.77994 |
| 3rd Low | 0.7783 |
0.7848 – 0.78474 – 0.78468 – 0.78198 – 0.77994 – 0.7783 —
0.78365 – 0.78290 —
44.856249748328 – 47.470444148266 —
– —
0.7848 – 1777968000
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –