The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.77655 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.7848 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.77655 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 0.7848 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79339 |
| 2nd High | 0.79247 |
| Next High | 0.7848 |
| Current Price | 0.77783 |
| Next Low | 0.77655 |
| 2nd Low | 0.77649 |
| 3rd Low | 0.77478 |
0.7848 – 0.78474 – 0.78183 – 0.77655 – 0.77709 – 0.77788 —
0.78082 – 0.77952 —
61.328534029863 – 47.584413335187 —
– —
0.7848 – 1777968000
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –