EUR/CHF – 30M – BUYThe pair goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.93320 will persist.
Caution: A possible change in the direction of the resistance level at 0.93731 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.9366584 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.93731 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94024 |
| 2nd High | 0.93760 |
| Next High | 0.93731 |
| Current Price | 0.93652 |
| Next Low | 0.93320 |
| 2nd Low | 0.93279 |
| 3rd Low | 0.93064 |