USD/CHF – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.84389844 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.84930 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85176 |
| 2nd High | 0.85159 |
| Next High | 0.84930 |
| Current Price | 0.84236 |
| Next Low | 0.84147 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |