EUR/CHF – 1H – BUYThe pair goes from the ascending trendline downwards
A descending movement down to the next support level at 0.93484 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.94608 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.94304032 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.94608 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94978 |
| 2nd High | 0.94787 |
| Next High | 0.94608 |
| Current Price | 0.93999 |
| Next Low | 0.93484 |
| 2nd Low | 0.93320 |
| 3rd Low | 0.93064 |