EUR/CHF – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.93916 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.94222 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94502 |
| 2nd High | 0.94331 |
| Next High | 0.94222 |
| Current Price | 0.94175 |
| Next Low | 0.93764 |
| 2nd Low | 0.93675 |
| 3rd Low | 0.93416 |