EUR/CHF – 1H – BUYThe pair jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.93760 is expected.
Caution: A possible change in the direction of support at 0.93544 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.93669948 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.93760 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94098 |
| 2nd High | 0.94060 |
| Next High | 0.93760 |
| Current Price | 0.93571 |
| Next Low | 0.93544 |
| 2nd Low | 0.93530 |
| 3rd Low | 0.93444 |