Sell USD/CHF – 30M – SELL

The combination US Dollar/Swiss Franc (USD/CHF) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.78199 is expected.

Caution: A possible change in the direction of the resistance zone at 0.78716 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.78987
2nd High 0.78842
Next High 0.78716
Current Price 0.78542
Next Low 0.78199
2nd Low 0.77951
3rd Low 0.77625

0.78716 – 0.78842 – 0.78333 – 0.78199 – 0.77951 – 0.78302 —
0.78633 – 0.78608 —
36.467008413174 – 49.500612436587 —
– —
0.78716 – 1780374600

Trading Signals:

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