EUR/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.928055 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.93021 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93222 |
| 2nd High | 0.93027 |
| Next High | 0.93021 |
| Current Price | 0.92725 |
| Next Low | 0.92701 |
| 2nd Low | 0.92584 |
| 3rd Low | 0.92045 |