Buy USD/CHF – 30M – BUY

The currency pair goes from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 0.86635 is certain.

Caution: A possible reversal of the trend in the direction of support at 0.86448 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.86613104 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.86635 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.86694
2nd High 0.86691
Next High 0.86635
Current Price 0.86587
Next Low 0.86448
2nd Low 0.86327
3rd Low 0.86296

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