USD/CHF – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.85159 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.84930 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85176 |
| 2nd High | 0.85159 |
| Next High | 0.84930 |
| Current Price | 0.84916 |
| Next Low | 0.84309 |
| 2nd Low | 0.84015 |
| 3rd Low | 0.83905 |