USD/CHF – 30M – BUYThe pair jumps from the bearish trendline upwards
An ascending movement up to the next resistance level at 0.84768 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.84232 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.84414664 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.84768 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85006 |
| 2nd High | 0.84940 |
| Next High | 0.84768 |
| Current Price | 0.84471 |
| Next Low | 0.84232 |
| 2nd Low | 0.84216 |
| 3rd Low | 0.83740 |