USD/CHF – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.8508082 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.85495 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87483 |
| 2nd High | 0.85614 |
| Next High | 0.85495 |
| Current Price | 0.84829 |
| Next Low | 0.84436 |
| 2nd Low | 0.84216 |
| 3rd Low | 0.83740 |