USD/CHF – 30M – BUYThe combination moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.85375 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.84940 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.85164016 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.85375 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85375 |
| Current Price | 0.85005 |
| Next Low | 0.84940 |
| 2nd Low | 0.84902 |
| 3rd Low | 0.84484 |