USD/CHF – 1H – SELL
The pair jumps from the ascending trendline down.
A bearish trend down to the next support line at 0.84147 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.85176 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85614 |
2nd High | 0.85495 |
Next High | 0.85176 |
Current Price | 0.84754 |
Next Low | 0.84147 |
2nd Low | 0.83905 |
3rd Low | 0.83740 |