USD/CHF – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.8508082 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 0.85495 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87483 |
| 2nd High | 0.85614 |
| Next High | 0.85495 |
| Current Price | 0.84791 |
| Next Low | 0.84216 |
| 2nd Low | 0.83740 |
| 3rd Low |