USD/CHF – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.86413 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.86413 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87769 |
| 2nd High | 0.87483 |
| Next High | 0.86413 |
| Current Price | 0.86330 |
| Next Low | 0.85505 |
| 2nd Low | 0.85299 |
| 3rd Low | 0.84997 |