USD/CHF – 30M – BUYThe combination moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.86714 is expected.
Caution: A possible change in the direction of the support level at 0.86504 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.86665 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.86714 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86857 |
| Next High | 0.86714 |
| Current Price | 0.86597 |
| Next Low | 0.86504 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |