EUR/CHF – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.94130672 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.94378 should be noted.
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 | 0.93973 |
| Next Low | 0.93764 |
| 2nd Low | 0.93675 |
| 3rd Low | 0.93416 |