EUR/CHF – 30M – BUYThe combination moves from the bullish trendline down.
The bearish trend downwards to the next support at 0.93938 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.94449 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.94449 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.94449 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94787 |
| 2nd High | 0.94502 |
| Next High | 0.94449 |
| Current Price | 0.94301 |
| Next Low | 0.93938 |
| 2nd Low | 0.93800 |
| 3rd Low | 0.93732 |