EUR/CHF – 30M – BUYThe currency pair Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline up.
An ascending movement upwards to the next resistance at 0.93255 is expected.
Caution: A possible change in the direction of the support level at 0.93027 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.9317292 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.93255 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93385 |
| 2nd High | 0.93298 |
| Next High | 0.93255 |
| Current Price | 0.93093 |
| Next Low | 0.93027 |
| 2nd Low | 0.92768 |
| 3rd Low | 0.92696 |