The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.80925 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.80641 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.80952312 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.80925 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81143 |
| 2nd High | 0.80967 |
| Next High | 0.80925 |
| Current Price | 0.80761 |
| Next Low | 0.80641 |
| 2nd Low | 0.80335 |
| 3rd Low | 0.80302 |
0.80925 – 0.80967 – 0.80643 – 0.80641 – 0.80766 – 0.80335 —
0.80766 – 0.80759 —
40.027134426522 – 48.332834688655 —
– —
0.80925 – 1784275200
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –