EUR/CHF – 30M – BUYThe combination moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.93838 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94272 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.94129456 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94272 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94378 |
| 2nd High | 0.94287 |
| Next High | 0.94272 |
| Current Price | 0.94001 |
| Next Low | 0.93838 |
| 2nd Low | 0.93668 |
| 3rd Low | 0.93444 |