USD/CHF – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.84685924 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.84940 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85495 |
| 2nd High | 0.85006 |
| Next High | 0.84940 |
| Current Price | 0.84518 |
| Next Low | 0.84501 |
| 2nd Low | 0.84436 |
| 3rd Low | 0.84216 |