Buy USD/CHF – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.84653 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.84930 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.85159
2nd High 0.85058
Next High 0.84930
Current Price 0.84427
Next Low 0.84147
2nd Low 0.83905
3rd Low 0.83740

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