EUR/CHF – 30M – BUYThe pair moves from the ascending trendline downwards
A bearish movement down to the next support line at 0.93943 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.94307 should be noted.
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. Target of the current trend is 0.94204 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.94307 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94787 |
| 2nd High | 0.94608 |
| Next High | 0.94307 |
| Current Price | 0.93996 |
| Next Low | 0.93943 |
| 2nd Low | 0.93938 |
| 3rd Low | 0.93800 |