EUR/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.93905288 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.94217 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94434 |
| 2nd High | 0.94333 |
| Next High | 0.94217 |
| Current Price | 0.93940 |
| Next Low | 0.93809 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93279 |