The combination moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.86327 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.86691 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.864165 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.86691 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance |
Price Range* |
3rd High |
|
2nd High |
0.86694 |
Next High |
0.86691 |
Current Price |
0.86551 |
Next Low |
0.86327 |
2nd Low |
0.86296 |
3rd Low |
0.86139 |
Download USD/CHF Signal Image
Trading Signals: FOREX – USD – USD/CHF – CHF