USD/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.85822 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.86139 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86771 |
| 2nd High | 0.86633 |
| Next High | 0.86139 |
| Current Price | 0.85949 |
| Next Low | 0.85505 |
| 2nd Low | 0.85299 |
| 3rd Low | 0.84997 |