EUR/CHF – 1H – BUYThe combination Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.93865 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.92709 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.93865 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.93865 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93999 |
| 2nd High | 0.93933 |
| Next High | 0.93865 |
| Current Price | 0.93716 |
| Next Low | 0.92709 |
| 2nd Low | 0.92555 |
| 3rd Low | 0.92045 |