USD/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.848555 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.85006 is within the realm of possibility.
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 | 0.85006 |
| Current Price | 0.84652 |
| Next Low | 0.84216 |
| 2nd Low | 0.83740 |
| 3rd Low |