USD/CHF – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.8683229 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 0.86983 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86996 |
| Next High | 0.86983 |
| Current Price | 0.86927 |
| Next Low | 0.86231 |
| 2nd Low | 0.86139 |
| 3rd Low | 0.86064 |