EUR/CHF – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.940265 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.94378 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94787 |
| 2nd High | 0.94502 |
| Next High | 0.94378 |
| Current Price | 0.94175 |
| Next Low | 0.93764 |
| 2nd Low | 0.93759 |
| 3rd Low | 0.93675 |