EUR/CHF – 30M – BUYThe pair Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.93639 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.93506 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.936785 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.93639 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93999 |
| 2nd High | 0.93933 |
| Next High | 0.93639 |
| Current Price | 0.93587 |
| Next Low | 0.93506 |
| 2nd Low | 0.93424 |
| 3rd Low | 0.93390 |