USD/CHF – 1H – SELL
The pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.84295 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.84768 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85495 |
2nd High | 0.84940 |
Next High | 0.84768 |
Current Price | 0.84492 |
Next Low | 0.84295 |
2nd Low | 0.84216 |
3rd Low | 0.83740 |