EUR/CHF – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.9366584 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.93731 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94024 |
| 2nd High | 0.93760 |
| Next High | 0.93731 |
| Current Price | 0.93560 |
| Next Low | 0.93320 |
| 2nd Low | 0.93279 |
| 3rd Low | 0.93064 |