USD/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.8687509 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.86983 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86996 |
| Next High | 0.86983 |
| Current Price | 0.86729 |
| Next Low | 0.86431 |
| 2nd Low | 0.86327 |
| 3rd Low | 0.86296 |