EUR/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.94222 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.94222 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94502 |
| 2nd High | 0.94331 |
| Next High | 0.94222 |
| Current Price | 0.94066 |
| Next Low | 0.93675 |
| 2nd Low | 0.93416 |
| 3rd Low | 0.93330 |