EUR/CHF – 1H – BUYThe combination breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.94378 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.93764 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.94378 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.94378 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94787 |
| 2nd High | 0.94502 |
| Next High | 0.94378 |
| Current Price | 0.94248 |
| Next Low | 0.93764 |
| 2nd Low | 0.93675 |
| 3rd Low | 0.93416 |