USD/CHF – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.87999672 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.88306 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.88306 |
| Current Price | 0.88240 |
| Next Low | 0.88025 |
| 2nd Low | 0.87510 |
| 3rd Low | 0.87008 |