USD/CHF – 1H – BUYThe combination breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 0.86691 is certain.
Caution: A possible change in the direction of support at 0.86448 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.86694 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 0.86691 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86694 |
| Next High | 0.86691 |
| Current Price | 0.86679 |
| Next Low | 0.86448 |
| 2nd Low | 0.86327 |
| 3rd Low | 0.86296 |