EUR/CHF – 1H – BUYThe pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 0.93298 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.93038 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.9344 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.93298 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93653 |
| 2nd High | 0.93440 |
| Next High | 0.93298 |
| Current Price | 0.93175 |
| Next Low | 0.93038 |
| 2nd Low | 0.92768 |
| 3rd Low | 0.92696 |