USD/CHF – 1H – SELL
The combination jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.84015 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.84735 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85159 |
2nd High | 0.84930 |
Next High | 0.84735 |
Current Price | 0.84563 |
Next Low | 0.84015 |
2nd Low | 0.83905 |
3rd Low | 0.83740 |