The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.87354 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.89574 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 0.89944 |
Next Low | 0.87354 |
2nd Low | 0.87008 |
3rd Low | 0.86147 |