USD/CHF – 1H – BUYThe pair goes from the bullish trendline downwards
A bearish descent downwards to the next support at 0.86494 will continue.
Caution: A possible change in the direction of resistance at 0.86714 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.86665 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.86714 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86857 |
| Next High | 0.86714 |
| Current Price | 0.86639 |
| Next Low | 0.86494 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |