The combination jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.86327 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.86983 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.86367 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.86983 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance |
Price Range* |
3rd High |
|
2nd High |
0.86996 |
Next High |
0.86983 |
Current Price |
0.86339 |
Next Low |
0.86327 |
2nd Low |
0.86296 |
3rd Low |
0.86139 |
Download USD/CHF Signal Image
Trading Signals: FOREX – USD – USD/CHF – CHF