USD/CHF – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.88828972 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.89094 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.89094 |
| Current Price | 0.89042 |
| Next Low | 0.88650 |
| 2nd Low | 0.87971 |
| 3rd Low | 0.87510 |