USD/CHF – 30M – BUYThe combination jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 0.85977 will persist.
Caution: A possible change in the direction of the support level at 0.85725 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.86076 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.85977 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86633 |
| 2nd High | 0.86076 |
| Next High | 0.85977 |
| Current Price | 0.85829 |
| Next Low | 0.85725 |
| 2nd Low | 0.84997 |
| 3rd Low | 0.84901 |