USD/CHF – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.86242836 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.86694 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86771 |
| Next High | 0.86694 |
| Current Price | 0.86338 |
| Next Low | 0.86139 |
| 2nd Low | 0.86120 |
| 3rd Low | 0.86064 |