EUR/CHF – 30M – BUYThe currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 0.93194 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.93066 could be enabled.
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 considered certain. Current target is 0.93159804 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 0.93194 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93255 |
| 2nd High | 0.93245 |
| Next High | 0.93194 |
| Current Price | 0.93163 |
| Next Low | 0.93066 |
| 2nd Low | 0.92911 |
| 3rd Low | 0.92887 |