USD/CHF – 1H – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.86494 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.86857 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.86981 |
| Next Low | 0.86494 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |