The combination US Dollar/Swiss Franc (USD/CHF) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.80821 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.80353 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81016 |
| 2nd High | 0.80853 |
| Next High | 0.80821 |
| Current Price | 0.80750 |
| Next Low | 0.80353 |
| 2nd Low | 0.80206 |
| 3rd Low | 0.79097 |
0.80618 – 0.80495 – 0.80151 – 0.80353 – 0.80206 – 0.79097 —
0.80670 – 0.80764 —
68.782856564121 – 56.806594529803 —
– —
0.80618 – 1781820000
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –