EUR/CHF – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.94371814 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.94799 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.95080 |
| 2nd High | 0.94978 |
| Next High | 0.94799 |
| Current Price | 0.94587 |
| Next Low | 0.94472 |
| 2nd Low | 0.94325 |
| 3rd Low | 0.94179 |