EUR/CHF – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.93705112 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.94060 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94123 |
| 2nd High | 0.94098 |
| Next High | 0.94060 |
| Current Price | 0.93740 |
| Next Low | 0.93530 |
| 2nd Low | 0.93444 |
| 3rd Low | 0.93416 |