USD/CHF – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.85959 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.86413 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87769 |
| 2nd High | 0.87483 |
| Next High | 0.86413 |
| Current Price | 0.86120 |
| Next Low | 0.85505 |
| 2nd Low | 0.85299 |
| 3rd Low | 0.84997 |